Traction Financial Partners LLC Purchases 2,234 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Traction Financial Partners LLC raised its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 22.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,007 shares of the company’s stock after purchasing an additional 2,234 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 0.9% of Traction Financial Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Traction Financial Partners LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $1,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its stake in Invesco S&P MidCap Quality ETF by 31.0% during the 2nd quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock valued at $446,719,000 after purchasing an additional 1,090,518 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 10.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock valued at $120,869,000 after acquiring an additional 120,084 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 37.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,100,399 shares of the company’s stock valued at $106,772,000 after acquiring an additional 299,599 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at about $88,073,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at about $84,108,000.

Invesco S&P MidCap Quality ETF Stock Up 0.3 %

Shares of NYSEARCA XMHQ opened at $102.40 on Monday. The firm’s 50-day moving average price is $99.23 and its 200-day moving average price is $102.45. The company has a market cap of $4.59 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52-week low of $75.29 and a 52-week high of $110.61.

Invesco S&P MidCap Quality ETF Company 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.