Nwam LLC Buys Shares of 3,183 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Nwam LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, Holdings Channel reports. The firm purchased 3,183 shares of the company’s stock, valued at approximately $326,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its position in Invesco S&P MidCap Quality ETF by 7.7% in the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock valued at $508,809,000 after purchasing an additional 356,196 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P MidCap Quality ETF by 10.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock worth $120,869,000 after acquiring an additional 120,084 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Invesco S&P MidCap Quality ETF by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock valued at $114,673,000 after acquiring an additional 17,488 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Invesco S&P MidCap Quality ETF by 100.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock valued at $97,314,000 after acquiring an additional 476,567 shares during the period. Finally, Annex Advisory Services LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $88,073,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock opened at $106.90 on Monday. Invesco S&P MidCap Quality ETF has a 52-week low of $82.05 and a 52-week high of $110.61. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The firm’s 50-day moving average is $102.61 and its 200-day moving average is $101.44.

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.