Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) is Financial Partners Group Inc’s 10th Largest Position

Financial Partners Group Inc raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 208,080 shares of the company’s stock after purchasing an additional 12,418 shares during the quarter. Invesco S&P MidCap Quality ETF makes up about 3.2% of Financial Partners Group Inc’s holdings, making the stock its 10th biggest holding. Financial Partners Group Inc owned about 0.46% of Invesco S&P MidCap Quality ETF worth $21,345,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in XMHQ. LPL Financial LLC grew its stake in 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 during the period. 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 buying an additional 120,084 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 1.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock worth $114,673,000 after buying an additional 17,488 shares during the period. Annex Advisory Services LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $88,073,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in Invesco S&P MidCap Quality ETF during the 1st quarter valued at about $84,108,000.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA:XMHQ traded up $0.79 during mid-day trading on Tuesday, hitting $100.60. 53,996 shares of the company’s stock were exchanged, compared to its average volume of 371,092. Invesco S&P MidCap Quality ETF has a one year low of $78.31 and a one year high of $110.61. The business has a fifty day moving average price of $100.86 and a 200 day moving average price of $101.45. The company has a market cap of $4.51 billion, a PE 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.