Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,153 shares of the company’s stock after acquiring an additional 1,739 shares during the quarter. Kovack Advisors Inc. owned approximately 0.13% of Invesco S&P MidCap Quality ETF worth $5,529,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in XMHQ. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Invesco S&P MidCap Quality ETF by 20.2% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,860 shares of the company’s stock valued at $293,000 after acquiring an additional 481 shares during the last quarter. MONECO Advisors LLC boosted its stake in Invesco S&P MidCap Quality ETF by 8.8% during the 3rd quarter. MONECO Advisors LLC now owns 5,665 shares of the company’s stock valued at $581,000 after acquiring an additional 459 shares during the last quarter. Valmark Advisers Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 317.0% during the 3rd quarter. Valmark Advisers Inc. now owns 24,689 shares of the company’s stock valued at $2,533,000 after acquiring an additional 18,768 shares during the last quarter. Edge Financial Advisors LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $1,619,000. Finally, HM Payson & Co. bought a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $1,016,000.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $96.83 on Thursday. The firm’s 50-day moving average is $100.18 and its 200-day moving average is $101.60. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year high of $110.61. The company has a market cap of $5.91 billion, a P/E ratio of 15.52 and a beta of 1.07.

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.