Duncan Williams Asset Management LLC Trims Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Duncan Williams Asset Management LLC decreased its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 20.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,834 shares of the company’s stock after selling 8,740 shares during the quarter. Invesco S&P MidCap Quality ETF makes up 0.9% of Duncan Williams Asset Management LLC’s holdings, making the stock its 21st largest position. Duncan Williams Asset Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $3,819,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of XMHQ. Farmers & Merchants Investments Inc. purchased a new position in Invesco S&P MidCap Quality ETF during the second quarter valued at approximately $29,000. PNC Financial Services Group Inc. boosted its position in Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management purchased a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $33,000. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $37,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at approximately $44,000.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ opened at $119.72 on Friday. The firm has a fifty day moving average price of $113.37 and a 200 day moving average price of $109.16. Invesco S&P MidCap Quality ETF has a 1 year low of $97.49 and a 1 year high of $119.86. The stock has a market cap of $5.69 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.