Compass Ion Advisors LLC Has $463,000 Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Compass Ion Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 83.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,698 shares of the company’s stock after purchasing an additional 2,139 shares during the quarter. Compass Ion Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $463,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of XMHQ. Benjamin Edwards Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 2,305.0% during the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after purchasing an additional 1,076,075 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth about $92,638,000. HighTower Advisors LLC raised 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 purchasing an additional 362,451 shares during the period. LPL Financial LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 7.7% during the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after purchasing an additional 356,196 shares during the period. Finally, Independent Advisor Alliance raised its position in shares of Invesco S&P MidCap Quality ETF by 1,709.1% during the fourth quarter. Independent Advisor Alliance now owns 235,333 shares of the company’s stock worth $23,173,000 after purchasing an additional 222,325 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ opened at $91.93 on Wednesday. The firm has a market cap of $5.48 billion, a P/E ratio of 15.57 and a beta of 1.07. The stock’s 50-day moving average is $98.30 and its 200-day moving average is $100.95. Invesco S&P MidCap Quality ETF has a one year low of $88.70 and a one year high of $110.61.

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.