PSI Advisors LLC Purchases 413 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

PSI Advisors LLC raised its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,654 shares of the company’s stock after purchasing an additional 413 shares during the period. Invesco S&P MidCap Quality ETF comprises 1.3% of PSI Advisors LLC’s portfolio, making the stock its 18th biggest position. PSI Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $4,495,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. FMR LLC grew its holdings in Invesco S&P MidCap Quality ETF by 15.3% during the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after acquiring an additional 572 shares in the last quarter. Jane Street Group LLC purchased a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $608,000. Foundations Investment Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF in the third quarter worth approximately $362,000. Raymond James & Associates lifted its holdings in Invesco S&P MidCap Quality ETF by 23.7% during the third quarter. Raymond James & Associates now owns 263,614 shares of the company’s stock worth $27,042,000 after buying an additional 50,577 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in Invesco S&P MidCap Quality ETF by 23.7% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,477 shares of the company’s stock valued at $357,000 after acquiring an additional 667 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.1 %

XMHQ opened at $98.11 on Tuesday. The firm has a market cap of $4.40 billion, a price-to-earnings 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 $103.48 and a 200-day moving average price of $101.10.

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.