World Investment Advisors Grows Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

World Investment Advisors raised its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,682 shares of the company’s stock after purchasing an additional 2,720 shares during the period. World Investment Advisors owned 0.12% of Invesco S&P MidCap Quality ETF worth $5,188,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Atomi Financial Group Inc. lifted its holdings in Invesco S&P MidCap Quality ETF by 49.2% during the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after purchasing an additional 1,016 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 28.8% in the fourth quarter. Bank of New York Mellon Corp now owns 6,146 shares of the company’s stock worth $605,000 after buying an additional 1,374 shares in the last quarter. Truist Financial Corp boosted its position in shares of Invesco S&P MidCap Quality ETF by 1.6% in the fourth quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock valued at $2,972,000 after acquiring an additional 487 shares during the period. FMR LLC grew its stake in Invesco S&P MidCap Quality ETF by 15.3% during the third quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after acquiring an additional 572 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $608,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $88.57 on Friday. The firm has a fifty day moving average price of $96.28 and a two-hundred day moving average price of $100.53. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 15.97 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a one year low of $88.03 and a one year high of $109.79.

Invesco S&P MidCap Quality ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors 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.

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.