Milestone Investment Advisors LLC Reduces Position in Invesco S&P MidCap Quality ETF $XMHQ

Milestone Investment Advisors LLC reduced its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 29.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,327 shares of the company’s stock after selling 13,925 shares during the quarter. Milestone Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $3,274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. JBR Co Financial Management Inc raised its stake in shares of Invesco S&P MidCap Quality ETF by 30.4% during the 2nd quarter. JBR Co Financial Management Inc now owns 6,542 shares of the company’s stock worth $643,000 after buying an additional 1,526 shares in the last quarter. WCG Wealth Advisors LLC raised its position in Invesco S&P MidCap Quality ETF by 9.1% in the second quarter. WCG Wealth Advisors LLC now owns 108,182 shares of the company’s stock worth $10,628,000 after acquiring an additional 9,032 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth $786,000. Smith Moore & CO. boosted its position in shares of Invesco S&P MidCap Quality ETF by 3.0% during the 2nd quarter. Smith Moore & CO. now owns 107,028 shares of the company’s stock worth $10,514,000 after purchasing an additional 3,086 shares in the last quarter. Finally, Trustmark Bank Trust Department increased its holdings in shares of Invesco S&P MidCap Quality ETF by 31.4% in the 2nd quarter. Trustmark Bank Trust Department now owns 6,912 shares of the company’s stock valued at $679,000 after purchasing an additional 1,650 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.6%

Shares of NYSEARCA XMHQ opened at $103.22 on Friday. The stock has a market capitalization of $5.17 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.11. The firm has a 50-day moving average price of $103.10 and a 200 day moving average price of $101.76.

Invesco S&P MidCap Quality ETF Company 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.