J.M. Arbour LLC Invests $554,000 in Invesco S&P MidCap Quality ETF $XMHQ

J.M. Arbour LLC acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,410 shares of the company’s stock, valued at approximately $554,000.

A number of other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 1st quarter worth approximately $1,793,000. Cresset Asset Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at $201,000. Qube Research & Technologies Ltd acquired a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter worth $44,000. Betterment LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 16.2% during the second quarter. Betterment LLC now owns 2,755 shares of the company’s stock worth $271,000 after purchasing an additional 385 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 6.1% in the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after purchasing an additional 83,853 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.2%

Shares of Invesco S&P MidCap Quality ETF stock opened at $107.20 on Friday. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a twelve month low of $85.01 and a twelve month high of $109.79. The company’s fifty day moving average is $105.41 and its 200 day moving average is $104.72.

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.