Arete Wealth Advisors LLC Acquires Shares of 5,559 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Arete Wealth Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,559 shares of the company’s stock, valued at approximately $408,000. Arete Wealth Advisors LLC owned approximately 0.07% of Invesco S&P MidCap Quality ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in XMHQ. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P MidCap Quality ETF by 159.6% in the 1st quarter. Ameriprise Financial Inc. now owns 434,223 shares of the company’s stock valued at $31,860,000 after purchasing an additional 266,932 shares in the last quarter. Susquehanna International Group LLP raised its stake in Invesco S&P MidCap Quality ETF by 137.6% during the first quarter. Susquehanna International Group LLP now owns 15,515 shares of the company’s stock valued at $1,139,000 after buying an additional 8,986 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 178.1% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 8,926 shares of the company’s stock worth $655,000 after buying an additional 5,716 shares during the last quarter. Harbour Investments Inc. grew its position in shares of Invesco S&P MidCap Quality ETF by 33.5% in the 1st quarter. Harbour Investments Inc. now owns 13,218 shares of the company’s stock worth $970,000 after acquiring an additional 3,320 shares in the last quarter. Finally, IHT Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 3.2% in the 1st quarter. IHT Wealth Management LLC now owns 20,970 shares of the company’s stock valued at $1,539,000 after acquiring an additional 645 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 1.4 %

XMHQ stock opened at $81.65 on Friday. The stock’s 50 day simple moving average is $82.78 and its 200 day simple moving average is $77.32. Invesco S&P MidCap Quality ETF has a 12-month low of $61.49 and a 12-month high of $85.19. The firm has a market cap of $1.11 billion, a P/E ratio of 10.13 and a beta of 1.03.

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.