OneAscent Wealth Management LLC Reduces Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

OneAscent Wealth Management LLC lowered its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 20.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,794 shares of the company’s stock after selling 970 shares during the quarter. OneAscent Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in XMHQ. Commonwealth Equity Services LLC raised its holdings in Invesco S&P MidCap Quality ETF by 6.6% during the first quarter. Commonwealth Equity Services LLC now owns 1,273,426 shares of the company’s stock worth $116,557,000 after purchasing an additional 78,650 shares in the last quarter. Benjamin Edwards Inc. grew its position in shares of Invesco S&P MidCap Quality ETF by 2.4% in the 1st quarter. Benjamin Edwards Inc. now owns 1,212,974 shares of the company’s stock valued at $111,024,000 after buying an additional 28,063 shares during the last quarter. Raymond James Financial Inc. lifted its position in Invesco S&P MidCap Quality ETF by 10.2% in the first quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock valued at $94,926,000 after acquiring an additional 96,324 shares during the last quarter. Cetera Investment Advisers boosted its stake in Invesco S&P MidCap Quality ETF by 23.2% in the first quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock valued at $66,998,000 after acquiring an additional 137,889 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 33.8% during 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.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $101.41 on Friday. The company has a market capitalization of $5.08 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $109.79. The stock has a 50-day simple moving average of $104.67 and a 200-day simple moving average of $100.73.

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.