Madrona Financial Services LLC Buys 5,786 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Madrona Financial Services LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 129,747 shares of the company’s stock after buying an additional 5,786 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 2.2% of Madrona Financial Services LLC’s portfolio, making the stock its 16th largest holding. Madrona Financial Services LLC owned 0.27% of Invesco S&P MidCap Quality ETF worth $14,486,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its stake in shares of Invesco S&P MidCap Quality ETF by 7.3% during 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. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P MidCap Quality ETF by 0.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,209,723 shares of the company’s stock valued at $136,554,000 after purchasing an additional 7,521 shares in the last quarter. Bank of America Corp DE increased its stake in Invesco S&P MidCap Quality ETF by 2.1% in the 1st quarter. Bank of America Corp DE now owns 657,026 shares of the company’s stock valued at $67,917,000 after purchasing an additional 13,566 shares in the last quarter. Waverly Advisors LLC increased its stake in Invesco S&P MidCap Quality ETF by 1,592.6% in the 2nd quarter. Waverly Advisors LLC now owns 469,902 shares of the company’s stock valued at $53,043,000 after purchasing an additional 442,140 shares in the last quarter. Finally, Straightline Group LLC raised its holdings in Invesco S&P MidCap Quality ETF by 1.8% during the second quarter. Straightline Group LLC now owns 370,591 shares of the company’s stock worth $41,832,000 after purchasing an additional 6,632 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock opened at $115.61 on Friday. The stock has a fifty day moving average price of $115.58 and a 200 day moving average price of $112.72. The stock has a market cap of $5.54 billion, a PE ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a 1 year low of $97.49 and a 1 year high of $119.99.

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.