Madrona Financial Services LLC Grows Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Madrona Financial Services LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1,564.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,872 shares of the company’s stock after purchasing an additional 46,876 shares during the quarter. Invesco S&P MidCap Quality ETF makes up approximately 1.3% of Madrona Financial Services LLC’s holdings, making the stock its 21st biggest position. Madrona Financial Services LLC owned about 0.11% of Invesco S&P MidCap Quality ETF worth $4,911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XMHQ. Benjamin Edwards Inc. increased its position in shares of Invesco S&P MidCap Quality ETF by 2,305.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Invesco S&P MidCap Quality ETF by 100.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock worth $97,314,000 after acquiring an additional 476,567 shares in the last quarter. HighTower Advisors LLC increased its holdings in Invesco S&P MidCap Quality ETF by 93.0% in the 3rd quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after acquiring an additional 362,451 shares in the last quarter. LPL Financial LLC increased its holdings in Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after acquiring an additional 356,196 shares in the last quarter. Finally, Good Life Advisors LLC increased its holdings in Invesco S&P MidCap Quality ETF by 123.7% in the 3rd quarter. Good Life Advisors LLC now owns 352,170 shares of the company’s stock worth $36,126,000 after acquiring an additional 194,714 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.6 %

Invesco S&P MidCap Quality ETF stock opened at $103.34 on Thursday. Invesco S&P MidCap Quality ETF has a 12-month low of $90.04 and a 12-month high of $110.61. The firm has a 50 day moving average of $103.09 and a 200 day moving average of $101.36. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

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.