Straightline Group LLC Acquires 10,656 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Straightline Group LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 354,219 shares of the company’s stock after buying an additional 10,656 shares during the period. Invesco S&P MidCap Quality ETF makes up 21.1% of Straightline Group LLC’s holdings, making the stock its 2nd largest position. Straightline Group LLC owned approximately 0.72% of Invesco S&P MidCap Quality ETF worth $38,376,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its stake in Invesco S&P MidCap Quality ETF by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after purchasing an additional 83,853 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Invesco S&P MidCap Quality ETF by 17.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after purchasing an additional 102,731 shares in the last quarter. Bank of America Corp DE increased its stake in Invesco S&P MidCap Quality ETF by 15.1% during the 3rd quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock valued at $68,293,000 after purchasing an additional 85,149 shares in the last quarter. Focus Partners Wealth increased its stake in Invesco S&P MidCap Quality ETF by 5.8% during the 3rd quarter. Focus Partners Wealth now owns 455,761 shares of the company’s stock valued at $47,837,000 after purchasing an additional 24,805 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in Invesco S&P MidCap Quality ETF by 3.3% during the 4th quarter. Focus Financial Network Inc. now owns 329,674 shares of the company’s stock valued at $33,765,000 after purchasing an additional 10,610 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.8%

Shares of Invesco S&P MidCap Quality ETF stock opened at $110.10 on Friday. Invesco S&P MidCap Quality ETF has a 12-month low of $95.07 and a 12-month high of $112.49. The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98. The firm’s 50 day simple moving average is $106.52 and its two-hundred day simple moving average is $105.58.

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.