Northwestern Mutual Wealth Management Co. Sells 311,588 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Northwestern Mutual Wealth Management Co. reduced its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 16.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,528,441 shares of the company’s stock after selling 311,588 shares during the period. Northwestern Mutual Wealth Management Co. owned 3.16% of Invesco S&P MidCap Quality ETF worth $150,154,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 274.6% during the second quarter. J.W. Cole Advisors Inc. now owns 22,658 shares of the company’s stock worth $2,226,000 after acquiring an additional 16,609 shares during the last quarter. Spectrum Wealth Advisory Group LLC increased its position in Invesco S&P MidCap Quality ETF by 106.1% during the 2nd quarter. Spectrum Wealth Advisory Group LLC now owns 206,591 shares of the company’s stock valued at $20,296,000 after purchasing an additional 106,332 shares during the period. CreativeOne Wealth LLC increased its position in Invesco S&P MidCap Quality ETF by 11.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 28,518 shares of the company’s stock valued at $2,802,000 after purchasing an additional 2,950 shares during the period. Global Retirement Partners LLC bought a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $903,000. Finally, Forum Private Client Group LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $824,000.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $102.85 on Friday. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.47. The firm’s fifty day moving average is $103.35 and its 200-day moving average is $101.64. The firm has a market cap of $5.15 billion, a P/E ratio of 16.29 and a beta of 1.04.

About Invesco S&P MidCap Quality ETF

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.