Landmark Wealth Management Inc. Reduces Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Landmark Wealth Management Inc. lessened its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,878 shares of the company’s stock after selling 6,338 shares during the period. Invesco S&P MidCap Quality ETF accounts for approximately 4.4% of Landmark Wealth Management Inc.’s holdings, making the stock its 8th biggest position. Landmark Wealth Management Inc. owned 0.21% of Invesco S&P MidCap Quality ETF worth $9,047,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of XMHQ. Truist Financial Corp boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 264.2% during the 2nd quarter. Truist Financial Corp now owns 21,491 shares of the company’s stock valued at $2,085,000 after buying an additional 15,590 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $636,000. Atomi Financial Group Inc. bought a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $212,000. Brookstone Capital Management bought a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $309,000. Finally, CWM LLC boosted its stake in Invesco S&P MidCap Quality ETF by 522.5% in the 3rd quarter. CWM LLC now owns 4,432 shares of the company’s stock worth $455,000 after purchasing an additional 3,720 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $101.59 on Friday. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The firm’s 50-day moving average is $102.29 and its 200 day moving average is $101.55. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year 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.