Breakwater Capital Group Lowers Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Breakwater Capital Group reduced its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.7% during the second quarter, Holdings Channel reports. The institutional investor owned 10,142 shares of the company’s stock after selling 1,086 shares during the quarter. Breakwater Capital Group’s holdings in Invesco S&P MidCap Quality ETF were worth $996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XMHQ. Crestwood Advisors Group LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at about $27,231,000. UMB Bank n.a. grew its stake in shares of Invesco S&P MidCap Quality ETF by 156.2% during the first quarter. UMB Bank n.a. now owns 289,341 shares of the company’s stock valued at $26,483,000 after buying an additional 176,416 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 5,519.3% during the first quarter. Foundations Investment Advisors LLC now owns 175,884 shares of the company’s stock valued at $16,099,000 after buying an additional 172,754 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 33.8% in the first quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock worth $52,931,000 after purchasing an additional 146,209 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Invesco S&P MidCap Quality ETF by 37.4% in the first quarter. Jones Financial Companies Lllp now owns 531,383 shares of the company’s stock worth $48,632,000 after purchasing an additional 144,740 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ opened at $105.16 on Wednesday. The stock has a market capitalization of $5.09 billion, a PE ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The business’s 50-day moving average is $102.79 and its 200 day moving average is $97.16.

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.