Secure Asset Management LLC Sells 9,754 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Secure Asset Management LLC reduced its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 47.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,936 shares of the company’s stock after selling 9,754 shares during the period. Secure Asset Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $1,120,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp lifted its position in shares of Invesco S&P MidCap Quality ETF by 13.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 225,703 shares of the company’s stock worth $23,690,000 after buying an additional 26,165 shares during the last quarter. Equitable Trust Co. acquired a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at about $9,283,000. American National Bank of Texas bought a new position in Invesco S&P MidCap Quality ETF in the third quarter valued at about $3,788,000. Flow Traders U.S. LLC grew its position in Invesco S&P MidCap Quality ETF by 138.6% in the second quarter. Flow Traders U.S. LLC now owns 16,782 shares of the company’s stock valued at $1,649,000 after acquiring an additional 9,748 shares during the last quarter. Finally, EWG Elevate Inc. acquired a new position in Invesco S&P MidCap Quality ETF during the third quarter worth about $3,941,000.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $104.20 on Monday. The stock has a market capitalization of $5.07 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 12 month low of $80.60 and a 12 month high of $109.79. The firm has a 50-day moving average price of $105.62 and a 200-day moving average price of $104.64.

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.