Eastern Bank Sells 19,730 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Eastern Bank lowered its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 58.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,094 shares of the company’s stock after selling 19,730 shares during the quarter. Eastern Bank’s holdings in Invesco S&P MidCap Quality ETF were worth $1,444,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Southland Equity Partners LLC lifted its stake in Invesco S&P MidCap Quality ETF by 10.9% in the fourth quarter. Southland Equity Partners LLC now owns 6,365 shares of the company’s stock valued at $652,000 after buying an additional 627 shares during the period. KMG Fiduciary Partners LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 1.5% during the fourth quarter. KMG Fiduciary Partners LLC now owns 14,210 shares of the company’s stock worth $1,455,000 after buying an additional 214 shares during the last quarter. LongView Wealth Management acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth about $424,000. Signal Advisors Wealth LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 27.2% in the 4th quarter. Signal Advisors Wealth LLC now owns 3,428 shares of the company’s stock valued at $351,000 after acquiring an additional 732 shares during the last quarter. Finally, Sax Wealth Advisors LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 17.0% in the 4th quarter. Sax Wealth Advisors LLC now owns 191,398 shares of the company’s stock valued at $19,603,000 after acquiring an additional 27,828 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $100.63 on Monday. The firm’s 50 day simple moving average is $106.13 and its 200 day simple moving average is $104.72. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $109.79. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

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.