Focus Financial Network Inc. Raises Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Focus Financial Network Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 329,674 shares of the company’s stock after buying an additional 10,610 shares during the quarter. Invesco S&P MidCap Quality ETF makes up approximately 1.2% of Focus Financial Network Inc.’s portfolio, making the stock its 16th biggest position. Focus Financial Network Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $33,765,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at $158,090,000. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after acquiring an additional 83,853 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Invesco S&P MidCap Quality ETF by 17.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after acquiring an additional 102,731 shares during the last quarter. Bank of America Corp DE raised its position in shares of Invesco S&P MidCap Quality ETF by 15.1% during the 3rd quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock worth $68,293,000 after acquiring an additional 85,149 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of Invesco S&P MidCap Quality ETF by 57.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock worth $59,378,000 after acquiring an additional 220,687 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.8%

XMHQ stock opened at $102.46 on Wednesday. The stock has a market cap of $5.06 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a twelve month low of $80.60 and a twelve month high of $109.79. The company’s 50 day moving average is $106.48 and its two-hundred day moving average is $104.79.

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.