Cypress Capital Group Has $6.07 Million Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Cypress Capital Group trimmed its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 23.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,678 shares of the company’s stock after selling 19,264 shares during the quarter. Cypress Capital Group’s holdings in Invesco S&P MidCap Quality ETF were worth $6,073,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XMHQ. US Bancorp DE lifted its position in shares of Invesco S&P MidCap Quality ETF by 12.5% during the 3rd quarter. US Bancorp DE now owns 46,878 shares of the company’s stock valued at $4,809,000 after acquiring an additional 5,224 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 2.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 106,811 shares of the company’s stock valued at $10,957,000 after acquiring an additional 2,735 shares during the period. Ameritas Advisory Services LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 4.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 41,062 shares of the company’s stock valued at $4,212,000 after acquiring an additional 1,842 shares during the period. Financial Partners Group Inc lifted its position in shares of Invesco S&P MidCap Quality ETF by 6.3% during the 3rd quarter. Financial Partners Group Inc now owns 208,080 shares of the company’s stock valued at $21,345,000 after acquiring an additional 12,418 shares during the period. Finally, Advisor Resource Council bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter valued at $405,000.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $92.64 on Wednesday. The stock has a fifty day moving average price of $99.75 and a 200-day moving average price of $101.54. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.15 and a fifty-two week high of $110.61.

About Invesco S&P MidCap Quality ETF

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.