Prota Financial LLC Sells 27,239 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Prota Financial LLC reduced its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 35.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,037 shares of the company’s stock after selling 27,239 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 3.6% of Prota Financial LLC’s investment portfolio, making the stock its 12th largest holding. Prota Financial LLC owned about 0.10% of Invesco S&P MidCap Quality ETF worth $5,531,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of XMHQ. Morgan Stanley increased its stake in shares of Invesco S&P MidCap Quality ETF by 11.7% during the fourth quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock valued at $247,142,000 after purchasing an additional 252,612 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after buying an additional 83,853 shares during the last quarter. Cetera Investment Advisers increased its position in Invesco S&P MidCap Quality ETF by 7.3% during the 1st quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock valued at $144,975,000 after buying an additional 95,372 shares in the last quarter. Bank of America Corp DE increased its position in Invesco S&P MidCap Quality ETF by 2.1% during the 1st quarter. Bank of America Corp DE now owns 657,026 shares of the company’s stock valued at $67,917,000 after buying an additional 13,566 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Invesco S&P MidCap Quality ETF by 8.2% during the fourth quarter. Wells Fargo & Company MN now owns 563,133 shares of the company’s stock valued at $57,676,000 after buying an additional 42,658 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 2.0%

Invesco S&P MidCap Quality ETF stock opened at $118.50 on Wednesday. Invesco S&P MidCap Quality ETF has a 12 month low of $97.49 and a 12 month high of $118.65. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97. The business’s fifty day simple moving average is $112.31 and its two-hundred day simple moving average is $108.66.

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.