Advisor Resource Council Purchases Shares of 3,951 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Advisor Resource Council acquired a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,951 shares of the company’s stock, valued at approximately $405,000.

Several other hedge funds also recently modified their holdings of the stock. Foundations Investment Advisors LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the third quarter worth $362,000. Sequoia Financial Advisors LLC increased its position in Invesco S&P MidCap Quality ETF by 23.7% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,477 shares of the company’s stock valued at $357,000 after buying an additional 667 shares in the last quarter. US Bancorp DE raised its stake in Invesco S&P MidCap Quality ETF by 17.3% during the 1st quarter. US Bancorp DE now owns 38,231 shares of the company’s stock worth $4,207,000 after buying an additional 5,633 shares during the period. Raymond James & Associates raised its stake in Invesco S&P MidCap Quality ETF by 23.7% during the 3rd quarter. Raymond James & Associates now owns 263,614 shares of the company’s stock worth $27,042,000 after buying an additional 50,577 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Invesco S&P MidCap Quality ETF in the second quarter worth approximately $231,000.

Invesco S&P MidCap Quality ETF Stock Down 0.0 %

Shares of NYSEARCA:XMHQ opened at $105.36 on Friday. Invesco S&P MidCap Quality ETF has a twelve month low of $78.31 and a twelve month high of $110.61. The stock’s 50 day moving average is $100.98 and its 200-day moving average is $101.47. The firm has a market capitalization of $4.72 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.