Sonoma Allocations LLC Decreases Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Sonoma Allocations LLC reduced its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 23.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,374 shares of the company’s stock after selling 4,603 shares during the quarter. Sonoma Allocations LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $1,604,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of XMHQ. Bank of America Corp DE grew 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 during the period. Cassady Wealth & Retirement Planning LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 11.2% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 29,425 shares of the company’s stock worth $3,158,000 after purchasing an additional 2,961 shares during the period. Centaurus Financial Inc. raised its stake in shares of Invesco S&P MidCap Quality ETF by 1.1% during the 1st quarter. Centaurus Financial Inc. now owns 11,432 shares of the company’s stock worth $1,182,000 after purchasing an additional 124 shares during the period. Cypress Capital Group purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 1st quarter worth about $369,000. Finally, Waverly Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 0.4% in the 1st quarter. Waverly Advisors LLC now owns 27,762 shares of the company’s stock worth $2,870,000 after buying an additional 99 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ opened at $114.62 on Friday. The firm has a market cap of $5.44 billion, a P/E ratio of 16.29 and a beta of 0.97. The firm has a 50-day moving average of $111.85 and a 200 day moving average of $108.47. Invesco S&P MidCap Quality ETF has a fifty-two week low of $97.49 and a fifty-two week high of $115.65.

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.