Perennial Investment Advisors LLC Grows Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Perennial Investment Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 37,357 shares of the company’s stock after buying an additional 1,403 shares during the period. Perennial Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $3,625,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 31.0% in 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. Stifel Financial Corp increased its stake in shares of Invesco S&P MidCap Quality ETF by 52.4% in the 4th quarter. Stifel Financial Corp now owns 1,582,759 shares of the company’s stock valued at $140,410,000 after purchasing an additional 544,342 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 37.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,100,399 shares of the company’s stock valued at $106,772,000 after purchasing an additional 299,599 shares in the last quarter. Annex Advisory Services LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $88,073,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 1st quarter valued at about $84,108,000.

Invesco S&P MidCap Quality ETF Stock Up 1.1 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $100.12 on Tuesday. Invesco S&P MidCap Quality ETF has a twelve month low of $75.29 and a twelve month high of $110.61. The business has a 50-day moving average price of $98.79 and a 200 day moving average price of $102.71. The firm has a market cap of $4.49 billion, a PE ratio of 16.29 and a beta of 1.15.

Invesco S&P MidCap Quality ETF 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.