Adamsbrown Wealth Consultants LLC Sells 5,981 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Adamsbrown Wealth Consultants LLC trimmed its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,833 shares of the company’s stock after selling 5,981 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 1.4% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 16th largest holding. Adamsbrown Wealth Consultants LLC owned about 0.10% of Invesco S&P MidCap Quality ETF worth $5,206,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in XMHQ. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $158,090,000. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after buying an additional 83,853 shares during the last quarter. Jones Financial Companies Lllp grew its position in Invesco S&P MidCap Quality ETF by 17.0% during the third quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after buying an additional 102,731 shares during the period. Bank of America Corp DE grew its position in Invesco S&P MidCap Quality ETF by 15.1% during the third quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock valued at $68,293,000 after buying an additional 85,149 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Invesco S&P MidCap Quality ETF by 57.5% in the second quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock valued at $59,378,000 after purchasing an additional 220,687 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 1.4%

Shares of NYSEARCA XMHQ opened at $102.36 on Friday. The stock has a fifty day simple moving average of $106.28 and a two-hundred day simple moving average of $104.77. Invesco S&P MidCap Quality ETF has a 1-year low of $80.60 and a 1-year high of $109.79. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

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.