NewEdge Advisors LLC Cuts Holdings in Invesco S&P MidCap Quality ETF $XMHQ

NewEdge Advisors LLC cut its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 40.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,650 shares of the company’s stock after selling 125,115 shares during the quarter. NewEdge Advisors LLC owned 0.38% of Invesco S&P MidCap Quality ETF worth $19,191,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted 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 purchasing an additional 146 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at about $33,000. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at about $37,000. Qube Research & Technologies Ltd acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at about $44,000. Finally, Russell Investments Group Ltd. boosted its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% during the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after buying an additional 412 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.6%

Shares of XMHQ opened at $114.21 on Thursday. The firm’s 50-day moving average is $111.71 and its two-hundred day moving average is $108.42. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $115.65. The firm has a market capitalization of $5.42 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.