Advisory Alpha LLC Sells 2,575 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Advisory Alpha LLC lessened its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 31.2% in the first quarter, HoldingsChannel reports. The firm owned 5,691 shares of the company’s stock after selling 2,575 shares during the period. Advisory Alpha LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $626,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in XMHQ. Whitaker Myers Wealth Managers LTD. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 2.7% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 6,278 shares of the company’s stock worth $557,000 after acquiring an additional 166 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 13.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,415 shares of the company’s stock worth $126,000 after buying an additional 170 shares during the period. Centaurus Financial Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 7.4% during the fourth quarter. Centaurus Financial Inc. now owns 2,596 shares of the company’s stock worth $230,000 after buying an additional 178 shares during the period. Truist Financial Corp raised its stake in Invesco S&P MidCap Quality ETF by 5.1% in the fourth quarter. Truist Financial Corp now owns 4,159 shares of the company’s stock valued at $369,000 after buying an additional 201 shares during the period. Finally, MONECO Advisors LLC raised its stake in Invesco S&P MidCap Quality ETF by 7.0% in the fourth quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock valued at $350,000 after buying an additional 260 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ traded up $1.31 during trading hours on Friday, reaching $100.55. 697,148 shares of the stock were exchanged, compared to its average volume of 410,742. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52 week low of $75.29 and a 52 week high of $110.61. The stock’s fifty day simple moving average is $103.00 and its 200 day simple moving average is $100.62.

Invesco S&P MidCap Quality ETF 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.