Belmont Capital LLC Purchases New Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Belmont Capital LLC acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,188 shares of the company’s stock, valued at approximately $532,000.

Other institutional investors have also added to or reduced their stakes in the company. Foundations Investment Advisors LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $362,000. Raymond James & Associates raised its stake in Invesco S&P MidCap Quality ETF by 23.7% during the 3rd quarter. Raymond James & Associates now owns 263,614 shares of the company’s stock valued at $27,042,000 after buying an additional 50,577 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake 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 buying an additional 667 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $231,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 37.4% in the 2nd 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 during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $102.36 on Tuesday. The stock has a market cap of $4.59 billion, a PE ratio of 16.29 and a beta of 1.15. The stock has a fifty day moving average of $102.01 and a 200 day moving average of $101.48. Invesco S&P MidCap Quality ETF has a one year low of $82.05 and a one year high of $110.61.

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.