Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Stock Position Raised by Raymond James & Associates

Raymond James & Associates raised its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 23.7% in the third quarter, Holdings Channel reports. The firm owned 263,614 shares of the company’s stock after buying an additional 50,577 shares during the period. Raymond James & Associates’ holdings in Invesco S&P MidCap Quality ETF were worth $27,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of 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 acquiring an additional 1,090,518 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased 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 increased 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 acquired a new position 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. acquired a new position 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 Performance

Shares of NYSEARCA XMHQ opened at $101.19 on Friday. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business’s 50-day simple moving average is $100.83 and its 200-day simple moving average is $101.80. Invesco S&P MidCap Quality ETF has a 52 week low of $75.29 and a 52 week high of $110.61.

About Invesco S&P MidCap Quality ETF

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.