Envestnet Asset Management Inc. Has $32.31 Million Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Envestnet Asset Management Inc. lowered its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 37.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 307,845 shares of the company’s stock after selling 185,627 shares during the quarter. Envestnet Asset Management Inc. owned 0.61% of Invesco S&P MidCap Quality ETF worth $32,311,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC purchased a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $158,090,000. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after buying an additional 83,853 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco S&P MidCap Quality ETF by 4.7% during the second quarter. Cetera Investment Advisers now owns 766,696 shares of the company’s stock valued at $75,320,000 after buying an additional 34,716 shares in the last quarter. Jones Financial Companies Lllp raised its position in Invesco S&P MidCap Quality ETF by 17.0% during the third quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after buying an additional 102,731 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Invesco S&P MidCap Quality ETF by 57.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock worth $59,378,000 after acquiring an additional 220,687 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.7%

Shares of NYSEARCA XMHQ opened at $107.78 on Thursday. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $109.79. The business has a 50-day moving average price of $105.92 and a two-hundred day moving average price of $104.31. The firm has a market capitalization of $5.32 billion, a PE ratio of 16.29 and a beta of 1.04.

About Invesco S&P MidCap Quality ETF

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.