Invesco S&P MidCap Quality ETF $XMHQ Stock Position Cut by Everest Financial Group LLC

Everest Financial Group LLC lowered its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 156,169 shares of the company’s stock after selling 5,574 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for 2.7% of Everest Financial Group LLC’s portfolio, making the stock its 9th largest position. Everest Financial Group LLC owned about 0.32% of Invesco S&P MidCap Quality ETF worth $16,143,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at $1,793,000. Cresset Asset Management LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter worth $201,000. Qube Research & Technologies Ltd bought a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter worth $44,000. Betterment LLC increased its position in Invesco S&P MidCap Quality ETF by 16.2% during the second quarter. Betterment LLC now owns 2,755 shares of the company’s stock valued at $271,000 after acquiring an additional 385 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Invesco S&P MidCap Quality ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after acquiring an additional 83,853 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $113.59 on Friday. Invesco S&P MidCap Quality ETF has a fifty-two week low of $97.49 and a fifty-two week high of $114.84. The business’s 50-day moving average is $111.26 and its two-hundred day moving average is $108.24. The company has a market cap of $5.42 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.