Financial Freedom LLC Grows Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Financial Freedom LLC lifted its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.5% in the third quarter, Holdings Channel reports. The firm owned 21,378 shares of the company’s stock after purchasing an additional 1,302 shares during the period. Invesco S&P MidCap Quality ETF makes up about 1.2% of Financial Freedom LLC’s investment portfolio, making the stock its 25th biggest position. Financial Freedom LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,193,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV increased its holdings in Invesco S&P MidCap Quality ETF by 40.6% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 12,526 shares of the company’s stock valued at $1,285,000 after purchasing an additional 3,616 shares in the last quarter. Focus Financial Network Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 6.4% in the third quarter. Focus Financial Network Inc. now owns 266,923 shares of the company’s stock worth $27,381,000 after buying an additional 16,108 shares during the period. Principal Securities Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 70.1% in the third quarter. Principal Securities Inc. now owns 59,378 shares of the company’s stock valued at $6,091,000 after buying an additional 24,467 shares in the last quarter. Penobscot Wealth Management raised its holdings in shares of Invesco S&P MidCap Quality ETF by 5.0% during the 3rd quarter. Penobscot Wealth Management now owns 38,563 shares of the company’s stock valued at $3,956,000 after buying an additional 1,848 shares during the period. Finally, Aspen Wealth Strategies LLC lifted its position in Invesco S&P MidCap Quality ETF by 6.5% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 80,523 shares of the company’s stock worth $8,260,000 after acquiring an additional 4,900 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.3 %

NYSEARCA XMHQ opened at $99.14 on Friday. The stock has a market cap of $4.44 billion, a PE ratio of 16.29 and a beta of 1.15. The business has a 50 day moving average price of $100.89 and a two-hundred day moving average price of $101.49. Invesco S&P MidCap Quality ETF has a fifty-two week low of $78.29 and a fifty-two week high of $110.61.

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.