Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC trimmed its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 46.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,670 shares of the company’s stock after selling 9,211 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $1,089,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after buying an additional 356,196 shares during the period. Stifel Financial Corp raised its holdings in shares of Invesco S&P MidCap Quality ETF by 8.0% during the third quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock worth $171,196,000 after purchasing an additional 124,140 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Quality ETF by 10.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock valued at $120,869,000 after purchasing an additional 120,084 shares during the period. Benjamin Edwards Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Invesco S&P MidCap Quality ETF by 1.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock worth $114,673,000 after purchasing an additional 17,488 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA XMHQ opened at $107.26 on Thursday. The firm has a market capitalization of $4.81 billion, a P/E ratio of 16.29 and a beta of 1.15. The stock has a 50-day simple moving average of $104.12 and a two-hundred day simple moving average of $101.46. Invesco S&P MidCap Quality ETF has a fifty-two week low of $83.86 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.