Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Acquired by Eastern Bank

Eastern Bank grew its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 516,890 shares of the company’s stock after acquiring an additional 4,912 shares during the period. Invesco S&P MidCap Quality ETF comprises approximately 0.9% of Eastern Bank’s holdings, making the stock its 26th biggest position. Eastern Bank owned 1.15% of Invesco S&P MidCap Quality ETF worth $50,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after buying an additional 356,196 shares during the last quarter. Stifel Financial Corp lifted its position in Invesco S&P MidCap Quality ETF by 8.0% in the 3rd quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock valued at $171,196,000 after purchasing an additional 124,140 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Quality ETF by 10.7% in the 2nd 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 during the last quarter. Benjamin Edwards Inc. lifted its position in Invesco S&P MidCap Quality ETF by 2,305.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Invesco S&P MidCap Quality ETF by 1.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock valued at $114,673,000 after purchasing an additional 17,488 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.1 %

NYSEARCA:XMHQ traded down $0.05 during mid-day trading on Monday, hitting $97.95. The stock had a trading volume of 354,743 shares, compared to its average volume of 530,813. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The company has a 50 day simple moving average of $103.51 and a 200-day simple moving average of $101.10. Invesco S&P MidCap Quality ETF has a 52 week low of $87.44 and a 52 week high of $110.61.

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.