Madrona Financial Services LLC Increases Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Madrona Financial Services LLC grew its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1,564.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 49,872 shares of the company’s stock after acquiring an additional 46,876 shares during the quarter. Invesco S&P MidCap Quality ETF comprises approximately 1.3% of Madrona Financial Services LLC’s holdings, making the stock its 21st largest holding. Madrona Financial Services LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $4,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XMHQ. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P MidCap Quality ETF by 22.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,363 shares of the company’s stock valued at $423,000 after acquiring an additional 796 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Invesco S&P MidCap Quality ETF by 6.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,919 shares of the company’s stock valued at $380,000 after acquiring an additional 239 shares during the last quarter. AE Wealth Management LLC lifted its position in Invesco S&P MidCap Quality ETF by 117.6% in the second quarter. AE Wealth Management LLC now owns 7,139 shares of the company’s stock worth $693,000 after buying an additional 3,858 shares during the last quarter. Bank of Montreal Can lifted its position in Invesco S&P MidCap Quality ETF by 73.7% in the second quarter. Bank of Montreal Can now owns 78,705 shares of the company’s stock worth $8,235,000 after buying an additional 33,395 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P MidCap Quality ETF by 10.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock worth $120,869,000 after purchasing an additional 120,084 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 0.6 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $103.34 on Thursday. The firm has a market cap of $4.63 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $90.04 and a 12 month high of $110.61. The stock’s fifty day moving average price is $103.09 and its 200-day moving average price is $101.36.

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.