Truist Financial Corp Decreases Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Truist Financial Corp reduced its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 18.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,424 shares of the company’s stock after selling 797 shares during the period. Truist Financial Corp’s holdings in Invesco S&P MidCap Quality ETF were worth $276,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in XMHQ. Cambridge Trust Co. purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the first quarter worth approximately $26,000. Private Trust Co. NA bought a new position in Invesco S&P MidCap Quality ETF in the second quarter worth approximately $27,000. UBS Group AG grew its stake in Invesco S&P MidCap Quality ETF by 76.7% in the fourth quarter. UBS Group AG now owns 1,039 shares of the company’s stock worth $72,000 after purchasing an additional 451 shares in the last quarter. Aspire Wealth Management Corp grew its stake in Invesco S&P MidCap Quality ETF by 223.3% in the first quarter. Aspire Wealth Management Corp now owns 1,209 shares of the company’s stock worth $89,000 after purchasing an additional 835 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in Invesco S&P MidCap Quality ETF in the second quarter worth approximately $122,000.

Invesco S&P MidCap Quality ETF Stock Down 0.2 %

Shares of NYSEARCA:XMHQ opened at $79.73 on Tuesday. Invesco S&P MidCap Quality ETF has a 52-week low of $68.00 and a 52-week high of $85.19. The stock has a market cap of $1.08 billion, a P/E ratio of 10.13 and a beta of 1.03. The business’s 50 day moving average is $79.74 and its 200 day moving average is $79.26.

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.