Founders Financial Securities LLC Purchases 1,215 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Founders Financial Securities LLC lifted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 26.3% in the first quarter, HoldingsChannel reports. The firm owned 5,840 shares of the company’s stock after purchasing an additional 1,215 shares during the quarter. Founders Financial Securities LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $643,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. MONECO Advisors LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 7.0% during the 4th quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock valued at $350,000 after buying an additional 260 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $66,000. &PARTNERS bought a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at approximately $599,000. ICA Group Wealth Management LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter valued at $9,516,000. Finally, Advisory Services Network LLC lifted its position in Invesco S&P MidCap Quality ETF by 5.6% in the fourth quarter. Advisory Services Network LLC now owns 31,699 shares of the company’s stock worth $2,812,000 after buying an additional 1,668 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock traded down $0.42 during mid-day trading on Friday, reaching $97.03. 485,816 shares of the stock traded hands, compared to its average volume of 409,948. Invesco S&P MidCap Quality ETF has a one year low of $75.29 and a one year high of $110.61. The stock has a market capitalization of $4.35 billion, a PE ratio of 16.29 and a beta of 1.15. The business has a 50-day moving average price of $104.35 and a two-hundred day moving average price of $100.19.

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.