TrueWealth Advisors LLC Has $5.40 Million Stake in Invesco S&P MidCap Quality ETF $XMHQ

TrueWealth Advisors LLC lowered its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 17.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,473 shares of the company’s stock after selling 10,922 shares during the period. Invesco S&P MidCap Quality ETF accounts for 1.5% of TrueWealth Advisors LLC’s portfolio, making the stock its 14th largest holding. TrueWealth Advisors LLC owned about 0.10% of Invesco S&P MidCap Quality ETF worth $5,403,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. CWM LLC raised its position in Invesco S&P MidCap Quality ETF by 836.7% in the 3rd quarter. CWM LLC now owns 118,759 shares of the company’s stock valued at $12,465,000 after purchasing an additional 106,081 shares during the last quarter. Sagace Wealth Management LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF by 0.6% during the third quarter. Sagace Wealth Management LLC now owns 35,591 shares of the company’s stock worth $3,736,000 after purchasing an additional 212 shares during the last quarter. World Investment Advisors increased its stake in shares of Invesco S&P MidCap Quality ETF by 3.8% in the third quarter. World Investment Advisors now owns 55,939 shares of the company’s stock valued at $5,871,000 after buying an additional 2,045 shares in the last quarter. Southland Equity Partners LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 7.5% in the third quarter. Southland Equity Partners LLC now owns 5,738 shares of the company’s stock valued at $602,000 after buying an additional 400 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 3.3% in the third quarter. Key Client Fiduciary Advisors LLC now owns 7,962 shares of the company’s stock valued at $836,000 after buying an additional 253 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.2%

Shares of NYSEARCA XMHQ opened at $104.78 on Friday. Invesco S&P MidCap Quality ETF has a 12-month low of $80.60 and a 12-month high of $107.19. The firm’s 50-day simple moving average is $102.80 and its 200 day simple moving average is $102.38. The company has a market cap of $5.25 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.