Invesco S&P MidCap Quality ETF $XMHQ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 37.2% in the third quarter, HoldingsChannel reports. The firm owned 302,746 shares of the company’s stock after selling 178,969 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $31,786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Hazlett Burt & Watson Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 127.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at $36,000. Asset Dedication LLC bought a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $41,000. Qube Research & Technologies Ltd acquired a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth $44,000. Finally, Financial Gravity Companies Inc. acquired a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth $77,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $107.82 on Thursday. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The firm’s 50-day simple moving average is $106.37 and its 200-day simple moving average is $104.49. The firm has a market cap of $5.33 billion, a PE ratio of 16.29 and a beta of 1.04.

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.