Royal Bank of Canada Decreases Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Royal Bank of Canada reduced its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 241,792 shares of the company’s stock after selling 6,303 shares during the quarter. Royal Bank of Canada owned approximately 0.50% of Invesco S&P MidCap Quality ETF worth $24,994,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. PNC Financial Services Group Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 93.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after acquiring an additional 146 shares in the last quarter. SHP Wealth Management acquired a new position in Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $33,000. Optima Capital LLC purchased a new position in Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $37,000. Russell Investments Group Ltd. increased its stake in Invesco S&P MidCap Quality ETF by 1,420.7% in the third 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 last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in Invesco S&P MidCap Quality ETF in the second quarter valued at approximately $44,000.

Invesco S&P MidCap Quality ETF Trading Up 2.0%

XMHQ stock opened at $118.50 on Wednesday. The stock has a market cap of $5.63 billion, a P/E ratio of 16.29 and a beta of 0.97. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $118.65. The company’s 50 day moving average is $112.31 and its two-hundred day moving average is $108.66.

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.