GWN Securities Inc. Reduces Position in Invesco S&P MidCap Quality ETF $XMHQ

GWN Securities Inc. reduced its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 80.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,948 shares of the company’s stock after selling 50,047 shares during the period. GWN Securities Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $1,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Commonwealth Equity Services LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 6.6% during the first quarter. Commonwealth Equity Services LLC now owns 1,273,426 shares of the company’s stock worth $116,557,000 after buying an additional 78,650 shares during the period. Benjamin Edwards Inc. raised its stake in Invesco S&P MidCap Quality ETF by 2.4% in the 1st quarter. Benjamin Edwards Inc. now owns 1,212,974 shares of the company’s stock worth $111,024,000 after acquiring an additional 28,063 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 10.2% in the first quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock valued at $94,926,000 after purchasing an additional 96,324 shares during the period. Cetera Investment Advisers increased its holdings in shares of Invesco S&P MidCap Quality ETF by 23.2% in the first quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock valued at $66,998,000 after purchasing an additional 137,889 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 33.8% in the first quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock valued at $52,931,000 after purchasing an additional 146,209 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock opened at $106.15 on Tuesday. The stock’s 50-day simple moving average is $104.85 and its 200-day simple moving average is $100.00. The firm has a market capitalization of $5.32 billion, a PE ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $109.79.

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.