Wealthcare Advisory Partners LLC Trims Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Wealthcare Advisory Partners LLC lessened its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 26.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,013 shares of the company’s stock after selling 16,935 shares during the period. Wealthcare Advisory Partners LLC owned about 0.10% of Invesco S&P MidCap Quality ETF worth $5,420,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management bought a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter valued at $33,000. Optima Capital LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth $37,000. Russell Investments Group Ltd. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after buying an additional 412 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth $44,000.

Invesco S&P MidCap Quality ETF Trading Up 0.5%

XMHQ opened at $119.33 on Wednesday. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $119.79. The business’s fifty day simple moving average is $113.09 and its 200-day simple moving average is $109.02.

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.