Smith Anglin Financial LLC Has $77.63 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Smith Anglin Financial LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 788,382 shares of the company’s stock after buying an additional 35,650 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 7.3% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 4th biggest holding. Smith Anglin Financial LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $77,632,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XMHQ. Peak Financial Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at about $2,400,000. Park Avenue Securities LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $430,000. PSI Advisors LLC lifted its position in Invesco S&P MidCap Quality ETF by 0.9% during the fourth quarter. PSI Advisors LLC now owns 45,654 shares of the company’s stock valued at $4,495,000 after acquiring an additional 413 shares during the last quarter. Eastern Bank boosted its stake in Invesco S&P MidCap Quality ETF by 1.0% in the fourth quarter. Eastern Bank now owns 516,890 shares of the company’s stock valued at $50,898,000 after acquiring an additional 4,912 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in Invesco S&P MidCap Quality ETF by 20.1% in the fourth quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after purchasing an additional 607 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 1.4 %

Shares of XMHQ opened at $99.51 on Wednesday. The firm has a market cap of $4.46 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $87.44 and a 12 month high of $110.61. The stock has a fifty day moving average price of $103.43 and a 200-day moving average price of $101.12.

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.