Wealthcare Advisory Partners LLC Decreases Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Wealthcare Advisory Partners LLC reduced its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 63,074 shares of the company’s stock after selling 4,972 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $6,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in XMHQ. Hazlett Burt & Watson Inc. raised its holdings in Invesco S&P MidCap Quality ETF by 127.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at about $36,000. Clearstead Trust LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 276.7% during the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock worth $41,000 after purchasing an additional 285 shares during the period. Asset Dedication LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter worth about $41,000. Finally, Russell Investments Group Ltd. increased its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after purchasing an additional 412 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ opened at $100.63 on Friday. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $109.79. The company has a 50-day simple moving average of $106.13 and a two-hundred day simple moving average of $104.72. The firm has a market capitalization of $4.97 billion, a PE ratio of 16.29 and a beta of 1.04.

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.