MONECO Advisors LLC Has $581,000 Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

MONECO Advisors LLC increased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 8.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,665 shares of the company’s stock after purchasing an additional 459 shares during the period. MONECO Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $581,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. LPL Financial LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 31.0% in the 2nd quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock valued at $446,719,000 after purchasing an additional 1,090,518 shares in the last quarter. Annex Advisory Services LLC acquired a new position in Invesco S&P MidCap Quality ETF in the second quarter valued at about $88,073,000. Edmond DE Rothschild Holding S.A. acquired a new position in Invesco S&P MidCap Quality ETF in the first quarter valued at about $84,108,000. Osaic Holdings Inc. grew its stake in Invesco S&P MidCap Quality ETF by 113.2% during the first quarter. Osaic Holdings Inc. now owns 609,432 shares of the company’s stock worth $67,076,000 after buying an additional 323,645 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 37.4% during the second quarter. Commonwealth Equity Services LLC now owns 1,100,399 shares of the company’s stock worth $106,772,000 after buying an additional 299,599 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.2 %

NYSEARCA:XMHQ opened at $101.03 on Wednesday. The stock has a market capitalization of $4.53 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year high of $110.61. The firm has a 50 day moving average of $100.97 and a 200-day moving average of $101.56.

About Invesco S&P MidCap Quality ETF

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.