Waverly Advisors LLC Buys 3,226 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Waverly Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 17.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,584 shares of the company’s stock after buying an additional 3,226 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,125,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at $430,000. Atomi Financial Group Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after acquiring an additional 1,016 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Invesco S&P MidCap Quality ETF by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 115,745 shares of the company’s stock worth $11,397,000 after acquiring an additional 8,934 shares during the last quarter. Mutual Advisors LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 20.5% during the 4th quarter. Mutual Advisors LLC now owns 8,377 shares of the company’s stock worth $855,000 after acquiring an additional 1,425 shares in the last quarter. Finally, Capital Planning Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 13.4% in the fourth quarter. Capital Planning Advisors LLC now owns 346,527 shares of the company’s stock valued at $34,123,000 after purchasing an additional 40,846 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.3%

Shares of XMHQ stock opened at $96.54 on Friday. The firm’s fifty day moving average price is $92.13 and its two-hundred day moving average price is $97.99. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The firm has a market capitalization of $4.94 billion, a P/E ratio of 17.37 and a beta of 1.05.

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.