Schrum Private Wealth Management LLC Has $472,000 Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Schrum Private Wealth Management LLC grew its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 100.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 4,600 shares of the company’s stock after buying an additional 2,300 shares during the period. Schrum Private Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $472,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in XMHQ. LPL Financial LLC raised its holdings in Invesco S&P MidCap Quality ETF by 31.0% in the 2nd quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock valued at $446,719,000 after acquiring an additional 1,090,518 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P MidCap Quality ETF by 10.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock valued at $120,869,000 after purchasing an additional 120,084 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Invesco S&P MidCap Quality ETF by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock worth $114,673,000 after purchasing an additional 17,488 shares during the period. Annex Advisory Services LLC acquired a new stake in Invesco S&P MidCap Quality ETF during the second quarter worth $88,073,000. Finally, Smith Anglin Financial LLC increased its holdings in Invesco S&P MidCap Quality ETF by 32.2% in the 3rd quarter. Smith Anglin Financial LLC now owns 752,732 shares of the company’s stock valued at $77,215,000 after buying an additional 183,503 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ traded up $0.48 during midday trading on Wednesday, reaching $105.92. 72,299 shares of the company’s stock were exchanged, compared to its average volume of 371,966. The company’s 50 day simple moving average is $101.43 and its two-hundred day simple moving average is $101.49. Invesco S&P MidCap Quality ETF has a 12 month low of $81.06 and a 12 month high of $110.61. The firm has a market capitalization of $4.75 billion, a PE ratio of 16.29 and a beta of 1.15.

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.