NBZ Investment Advisors LLC Raises Holdings in Invesco S&P MidCap Quality ETF $XMHQ

NBZ Investment Advisors LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 130,929 shares of the company’s stock after acquiring an additional 8,266 shares during the quarter. Invesco S&P MidCap Quality ETF comprises 5.9% of NBZ Investment Advisors LLC’s portfolio, making the stock its 8th largest holding. NBZ Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $13,534,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XMHQ. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after acquiring an additional 146 shares in the last quarter. SHP Wealth Management bought a new position in Invesco S&P MidCap Quality ETF in the 4th quarter worth $33,000. Optima Capital LLC bought a new position in Invesco S&P MidCap Quality ETF in the 4th quarter worth $37,000. Russell Investments Group Ltd. lifted its position in shares of Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $44,000.

Invesco S&P MidCap Quality ETF Trading Down 0.5%

Shares of XMHQ opened at $112.71 on Tuesday. Invesco S&P MidCap Quality ETF has a 1-year low of $97.49 and a 1-year high of $114.84. The firm’s 50-day moving average price is $110.67 and its 200-day moving average price is $107.70. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.