Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Acquired by Biltmore Family Office LLC

Biltmore Family Office LLC boosted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 574.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,801 shares of the company’s stock after buying an additional 11,756 shares during the period. Biltmore Family Office LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $1,359,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth about $92,638,000. LPL Financial LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 7.7% during the 4th quarter. LPL Financial LLC now owns 5,341,244 shares of the company’s stock valued at $525,952,000 after buying an additional 381,123 shares during the last quarter. HighTower Advisors LLC grew its holdings in Invesco S&P MidCap Quality ETF by 93.0% during the 3rd quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after acquiring an additional 362,451 shares in the last quarter. Independent Advisor Alliance lifted its holdings in Invesco S&P MidCap Quality ETF by 1,709.1% during the 4th quarter. Independent Advisor Alliance now owns 235,333 shares of the company’s stock worth $23,173,000 after buying an additional 222,325 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Invesco S&P MidCap Quality ETF by 80.3% in the fourth quarter. Jones Financial Companies Lllp now owns 386,643 shares of the company’s stock worth $38,073,000 after purchasing an additional 172,184 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 1.5 %

Shares of NYSEARCA XMHQ opened at $93.95 on Thursday. The stock’s 50 day simple moving average is $96.59 and its 200 day simple moving average is $100.61. The company has a market cap of $5.53 billion, a price-to-earnings ratio of 15.97 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 12-month low of $88.70 and a 12-month high of $109.79.

Invesco S&P MidCap Quality ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.1895 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.