Golden State Wealth Management LLC Purchases New Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Golden State Wealth Management LLC purchased a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,631 shares of the company’s stock, valued at approximately $555,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 2,305.0% in the 3rd 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 period. Thrivent Financial for Lutherans boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 100.9% in the third 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. HighTower Advisors LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 93.0% during the third quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after acquiring an additional 362,451 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock valued at $508,809,000 after acquiring an additional 356,196 shares during the period. Finally, Good Life Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 123.7% in the 3rd quarter. Good Life Advisors LLC now owns 352,170 shares of the company’s stock valued at $36,126,000 after acquiring an additional 194,714 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $100.82 on Friday. Invesco S&P MidCap Quality ETF has a 1-year low of $91.95 and a 1-year high of $110.61. The stock has a market cap of $4.52 billion, a P/E ratio of 16.29 and a beta of 1.15. The firm has a fifty day moving average price of $102.29 and a 200 day moving average price of $101.55.

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.