Gerber Kawasaki Wealth & Investment Management Buys 11,857 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Gerber Kawasaki Wealth & Investment Management raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 137,633 shares of the company’s stock after acquiring an additional 11,857 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Invesco S&P MidCap Quality ETF were worth $14,446,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Vantagepoint Investment Advisers LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth about $158,090,000. Thrivent Financial for Lutherans increased its position in Invesco S&P MidCap Quality ETF by 57.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock valued at $59,378,000 after buying an additional 220,687 shares in the last quarter. Spectrum Wealth Advisory Group LLC raised its stake in Invesco S&P MidCap Quality ETF by 106.1% during the 2nd quarter. Spectrum Wealth Advisory Group LLC now owns 206,591 shares of the company’s stock worth $20,296,000 after buying an additional 106,332 shares during the period. CWM LLC raised its stake in Invesco S&P MidCap Quality ETF by 836.7% during the 3rd quarter. CWM LLC now owns 118,759 shares of the company’s stock worth $12,465,000 after buying an additional 106,081 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in Invesco S&P MidCap Quality ETF by 17.0% in the third quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock worth $74,248,000 after acquiring an additional 102,731 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $103.99 on Monday. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79. The stock has a 50 day moving average price of $107.14 and a two-hundred day moving average price of $104.96. The stock has a market capitalization of $5.14 billion, a PE ratio of 16.29 and a beta of 1.04.

About Invesco S&P MidCap Quality ETF

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.