Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Sold by GGM Financials LLC

GGM Financials LLC lowered its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 86.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 22,300 shares of the company’s stock after selling 143,313 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 2.3% of GGM Financials LLC’s portfolio, making the stock its 9th biggest position. GGM Financials LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,196,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. MFA Wealth Advisors LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 5.6% during the fourth quarter. MFA Wealth Advisors LLC now owns 65,703 shares of the company’s stock worth $6,470,000 after purchasing an additional 3,466 shares during the period. Compass Financial Services Inc bought a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter valued at $523,000. Kestra Private Wealth Services LLC raised its holdings in Invesco S&P MidCap Quality ETF by 60.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 210,964 shares of the company’s stock worth $20,774,000 after buying an additional 79,586 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 7.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 11,415 shares of the company’s stock valued at $1,124,000 after buying an additional 772 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth about $555,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ opened at $100.82 on Monday. The firm’s 50-day simple moving average is $102.15 and its 200 day simple moving average is $101.57. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.95 and a fifty-two week high of $110.61.

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.