Bank of New York Mellon Corp Increases Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Bank of New York Mellon Corp increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 28.8% during the 4th quarter, Holdings Channel reports. The firm owned 6,146 shares of the company’s stock after acquiring an additional 1,374 shares during the period. Bank of New York Mellon Corp’s holdings in Invesco S&P MidCap Quality ETF were worth $605,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stifel Financial Corp raised its holdings in Invesco S&P MidCap Quality ETF by 8.0% during the third quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock valued at $171,196,000 after acquiring an additional 124,140 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after acquiring an additional 1,076,075 shares during the period. Annex Advisory Services LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 15.9% during the fourth quarter. Annex Advisory Services LLC now owns 1,052,604 shares of the company’s stock worth $103,650,000 after purchasing an additional 144,450 shares in the last quarter. Smith Anglin Financial LLC raised its stake in Invesco S&P MidCap Quality ETF by 4.7% during the 4th quarter. Smith Anglin Financial LLC now owns 788,382 shares of the company’s stock valued at $77,632,000 after purchasing an additional 35,650 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 93.0% in the 3rd quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after purchasing an additional 362,451 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ opened at $93.64 on Thursday. The firm has a market cap of $5.58 billion, a P/E ratio of 15.57 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 1 year low of $88.70 and a 1 year high of $110.61. The company has a 50 day simple moving average of $97.62 and a two-hundred day simple moving average of $100.76.

Invesco S&P MidCap Quality ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1895 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.