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

NewEdge Advisors LLC cut its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 40.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 185,650 shares of the company’s stock after selling 125,115 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $19,191,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XMHQ. DORVAL Corp raised its position in shares of Invesco S&P MidCap Quality ETF by 0.7% during the 4th quarter. DORVAL Corp now owns 13,612 shares of the company’s stock worth $1,394,000 after purchasing an additional 98 shares during the last quarter. Waverly Advisors LLC grew its holdings in Invesco S&P MidCap Quality ETF by 0.4% during the 1st quarter. Waverly Advisors LLC now owns 27,762 shares of the company’s stock valued at $2,870,000 after buying an additional 99 shares during the last quarter. Pacific Sun Financial Corp increased its position in Invesco S&P MidCap Quality ETF by 1.1% during the third quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock worth $1,106,000 after buying an additional 111 shares in the last quarter. Centaurus Financial Inc. increased its position in Invesco S&P MidCap Quality ETF by 1.1% during the first quarter. Centaurus Financial Inc. now owns 11,432 shares of the company’s stock worth $1,182,000 after buying an additional 124 shares in the last quarter. Finally, Narus Financial Partners LLC increased its position in Invesco S&P MidCap Quality ETF by 3.3% during the fourth quarter. Narus Financial Partners LLC now owns 3,948 shares of the company’s stock worth $404,000 after buying an additional 126 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.6%

Shares of NYSEARCA:XMHQ opened at $114.21 on Thursday. Invesco S&P MidCap Quality ETF has a 52-week low of $97.49 and a 52-week high of $115.65. The stock’s fifty day simple moving average is $111.71 and its 200-day simple moving average is $108.42. The company has a market capitalization of $5.42 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.