Envestnet Asset Management Inc. Lowers Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Envestnet Asset Management Inc. reduced its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 77.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 267,859 shares of the company’s stock after selling 933,289 shares during the quarter. Envestnet Asset Management Inc. owned about 0.60% of Invesco S&P MidCap Quality ETF worth $25,990,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of XMHQ. Thoroughbred Financial Services LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 27.3% during the second quarter. Thoroughbred Financial Services LLC now owns 66,466 shares of the company’s stock valued at $6,449,000 after buying an additional 14,273 shares during the period. LWM Advisory Services LLC increased its position in Invesco S&P MidCap Quality ETF by 21.1% during the 2nd quarter. LWM Advisory Services LLC now owns 26,314 shares of the company’s stock valued at $2,553,000 after purchasing an additional 4,584 shares during the period. Prevail Innovative Wealth Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 9.2% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 24,928 shares of the company’s stock valued at $2,419,000 after purchasing an additional 2,106 shares in the last quarter. Ullmann Wealth Partners Group LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 23.6% in the 2nd quarter. Ullmann Wealth Partners Group LLC now owns 6,475 shares of the company’s stock worth $628,000 after purchasing an additional 1,236 shares during the period. Finally, PFG Advisors boosted its stake in shares of Invesco S&P MidCap Quality ETF by 11.3% during the second quarter. PFG Advisors now owns 36,861 shares of the company’s stock valued at $3,577,000 after purchasing an additional 3,753 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.6 %

Shares of XMHQ stock opened at $101.88 on Friday. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52-week low of $75.29 and a 52-week high of $110.61. The company’s 50 day moving average is $99.07 and its 200 day moving average is $102.64.

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.