Financial Partners Group Inc Buys 23,453 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Financial Partners Group Inc raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 11.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 231,533 shares of the company’s stock after acquiring an additional 23,453 shares during the quarter. Invesco S&P MidCap Quality ETF makes up 3.3% of Financial Partners Group Inc’s portfolio, making the stock its 10th biggest holding. Financial Partners Group Inc owned approximately 0.52% of Invesco S&P MidCap Quality ETF worth $22,799,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in XMHQ. Benjamin Edwards Inc. increased its stake in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in 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 buying an additional 476,567 shares during the period. HighTower Advisors LLC increased its stake in shares of 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 valued at $77,168,000 after acquiring an additional 362,451 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% during the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after acquiring an additional 356,196 shares during the period. Finally, Good Life Advisors LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 123.7% in the third quarter. Good Life Advisors LLC now owns 352,170 shares of the company’s stock worth $36,126,000 after acquiring an additional 194,714 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $101.24 on Monday. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1 year low of $91.21 and a 1 year high of $110.61. The firm has a 50 day moving average price of $102.90 and a 200 day moving average price of $101.54.

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.