B. Riley Wealth Advisors Inc. Purchases New Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,575 shares of the company’s stock, valued at approximately $832,000.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 31.0% in the second quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock worth $446,719,000 after purchasing an additional 1,090,518 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Quality ETF by 10.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock worth $120,869,000 after buying an additional 120,084 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake 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 buying an additional 299,599 shares during the period. Annex Advisory Services LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $88,073,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter worth $84,108,000.

Invesco S&P MidCap Quality ETF Trading Up 0.8 %

Shares of NYSEARCA:XMHQ opened at $102.43 on Friday. The business has a fifty day simple moving average of $99.44 and a 200 day simple moving average of $102.35. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year high of $110.61. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

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.