Kovack Advisors Inc. Has $5.53 Million Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Kovack Advisors Inc. grew its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,153 shares of the company’s stock after purchasing an additional 1,739 shares during the period. Kovack Advisors Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $5,529,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 3.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after purchasing an additional 122 shares in the last quarter. Sheets Smith Wealth Management boosted its stake in shares of Invesco S&P MidCap Quality ETF by 1.4% in the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock valued at $1,128,000 after purchasing an additional 159 shares in the last quarter. Key Client Fiduciary Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 2.2% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock valued at $762,000 after purchasing an additional 165 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% in the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after purchasing an additional 223 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 1.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock valued at $1,331,000 after purchasing an additional 231 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $96.83 on Thursday. The company’s fifty day moving average is $100.18 and its 200-day moving average is $101.60. The company has a market capitalization of $5.91 billion, a PE ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 52 week low of $91.95 and a 52 week high of $110.61.

Invesco S&P MidCap Quality ETF 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.