Madrona Financial Services LLC Grows Stake in Invesco S&P MidCap Quality ETF $XMHQ

Madrona Financial Services LLC increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 116,068 shares of the company’s stock after acquiring an additional 3,802 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 2.7% of Madrona Financial Services LLC’s investment portfolio, making the stock its 12th biggest holding. Madrona Financial Services LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $11,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of XMHQ. Lynx Investment Advisory bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at about $213,000. Trivium Point Advisory LLC increased its holdings in Invesco S&P MidCap Quality ETF by 4.2% during the second quarter. Trivium Point Advisory LLC now owns 73,938 shares of the company’s stock valued at $7,264,000 after buying an additional 3,008 shares during the last quarter. XY Planning Network Inc. increased its holdings in Invesco S&P MidCap Quality ETF by 68.6% during the second quarter. XY Planning Network Inc. now owns 11,287 shares of the company’s stock valued at $1,109,000 after buying an additional 4,592 shares during the last quarter. New Insight Wealth Advisors raised its position in Invesco S&P MidCap Quality ETF by 2.2% in the second quarter. New Insight Wealth Advisors now owns 23,345 shares of the company’s stock worth $2,293,000 after acquiring an additional 495 shares during the period. Finally, Ayalon Insurance Comp Ltd. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 170.2% during the 2nd quarter. Ayalon Insurance Comp Ltd. now owns 10,080 shares of the company’s stock worth $990,000 after acquiring an additional 6,350 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA:XMHQ opened at $105.18 on Thursday. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $109.79. The business has a fifty day moving average price of $103.92 and a 200-day moving average price of $98.11. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 16.29 and a beta of 1.03.

Invesco S&P MidCap Quality ETF Company 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.