Thrivent Financial for Lutherans Takes $6.26 Million Position in Invesco S&P MidCap Quality ETF $XMHQ

Thrivent Financial for Lutherans bought a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, HoldingsChannel reports. The fund bought 61,094 shares of the company’s stock, valued at approximately $6,257,000.

A number of other large investors have also modified their holdings of the stock. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at about $158,090,000. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 6.1% in the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after buying an additional 83,853 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of 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 valued at $74,248,000 after buying an additional 102,731 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invesco S&P MidCap Quality ETF by 15.1% in the third quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock valued at $68,293,000 after buying an additional 85,149 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Invesco S&P MidCap Quality ETF by 5.8% in the third quarter. Focus Partners Wealth now owns 455,761 shares of the company’s stock valued at $47,837,000 after buying an additional 24,805 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $107.50 on Thursday. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $112.49. The firm has a market cap of $5.19 billion, a P/E ratio of 16.29 and a beta of 0.98. The stock has a 50-day simple moving average of $105.81 and a 200-day simple moving average of $105.29.

Invesco S&P MidCap Quality ETF 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.