Northwestern Mutual Wealth Management Co. Boosts Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,245,697 shares of the company’s stock after acquiring an additional 120,084 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P MidCap Quality ETF were worth $120,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cape Investment Advisory Inc. bought a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter worth about $32,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at approximately $54,000. Glassman Wealth Services purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $56,000. Jones Financial Companies Lllp bought a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter worth $57,000. Finally, CWM LLC boosted its position in Invesco S&P MidCap Quality ETF by 20.3% in the second quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after purchasing an additional 120 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $102.40 on Friday. The company has a market capitalization of $4.59 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year high of $110.61. The business has a fifty day moving average price of $99.23 and a two-hundred day moving average price of $102.49.

Invesco S&P MidCap Quality ETF Profile

The Invesco S&P MidCap Quality ETF (XMHQ) is an exchange-traded fund that is based on the S&P MidCap 400 Quality index. The fund tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach. XMHQ was launched on Dec 1, 2006 and is managed by Invesco.