KPP Advisory Services LLC Has $16.82 Million Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

KPP Advisory Services LLC increased its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 418.6% during the 3rd quarter, Holdings Channel reports. The fund owned 164,013 shares of the company’s stock after acquiring an additional 132,387 shares during the period. Invesco S&P MidCap Quality ETF comprises approximately 4.0% of KPP Advisory Services LLC’s investment portfolio, making the stock its 2nd largest position. KPP Advisory Services LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $16,824,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of XMHQ. NBC Securities Inc. bought a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $31,000. Cape Investment Advisory Inc. purchased a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter valued at $32,000. International Assets Investment Management LLC bought a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $54,000. CWM LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 20.3% during the 2nd quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after acquiring an additional 120 shares during the last quarter. Finally, Larson Financial Group LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth $130,000.

Invesco S&P MidCap Quality ETF Trading Down 1.4 %

Shares of XMHQ traded down $1.48 during trading hours on Friday, reaching $102.16. 404,327 shares of the stock traded hands, compared to its average volume of 372,751. Invesco S&P MidCap Quality ETF has a 52 week low of $81.66 and a 52 week high of $110.61. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock has a fifty day simple moving average of $101.87 and a 200 day simple moving average of $101.51.

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.