Northwestern Mutual Wealth Management Co. Has $136.55 Million Position in Invesco S&P MidCap Quality ETF $XMHQ

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,209,723 shares of the company’s stock after buying an additional 7,521 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.55% of Invesco S&P MidCap Quality ETF worth $136,554,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley raised its position in shares of Invesco S&P MidCap Quality ETF by 11.7% during the fourth quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock worth $247,142,000 after acquiring an additional 252,612 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco S&P MidCap Quality ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after buying an additional 83,853 shares during the period. Cetera Investment Advisers raised its position in shares of Invesco S&P MidCap Quality ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock worth $144,975,000 after acquiring an additional 95,372 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco S&P MidCap Quality ETF by 2.1% in the first quarter. Bank of America Corp DE now owns 657,026 shares of the company’s stock worth $67,917,000 after purchasing an additional 13,566 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Invesco S&P MidCap Quality ETF by 8.2% in the fourth quarter. Wells Fargo & Company MN now owns 563,133 shares of the company’s stock valued at $57,676,000 after buying an additional 42,658 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 0.4%

NYSEARCA:XMHQ opened at $117.53 on Tuesday. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97. The firm has a fifty day simple moving average of $115.37 and a two-hundred day simple moving average of $110.11. Invesco S&P MidCap Quality ETF has a 12 month low of $97.49 and a 12 month high of $119.99.

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.