NBZ Investment Advisors LLC Buys New Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

NBZ Investment Advisors LLC acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 76,374 shares of the company’s stock, valued at approximately $7,521,000. Invesco S&P MidCap Quality ETF accounts for 4.2% of NBZ Investment Advisors LLC’s holdings, making the stock its 8th biggest holding. NBZ Investment Advisors LLC owned approximately 0.17% of Invesco S&P MidCap Quality ETF at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter worth about $28,000. Pinnacle Bancorp Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the fourth quarter valued at $79,000. Synergy Investment Management LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth about $130,000. Private Trust Co. NA grew its stake in Invesco S&P MidCap Quality ETF by 20.3% during the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after buying an additional 223 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $132,000.

Invesco S&P MidCap Quality ETF Trading Down 0.4 %

Shares of XMHQ opened at $93.22 on Friday. The company’s 50 day simple moving average is $97.44 and its 200-day simple moving average is $100.71. The firm has a market cap of $5.56 billion, a PE ratio of 15.57 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 12-month low of $88.70 and a 12-month high of $110.61.

Invesco S&P MidCap Quality ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1895 per share. The ex-dividend date of this dividend is Monday, March 24th.

Invesco S&P MidCap Quality ETF Company 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.