Schrum Private Wealth Management LLC Decreases Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Schrum Private Wealth Management LLC cut its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 50.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,300 shares of the company’s stock after selling 2,300 shares during the period. Schrum Private Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $226,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XMHQ. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 2.6% in the third quarter. Janney Montgomery Scott LLC now owns 106,811 shares of the company’s stock worth $10,957,000 after buying an additional 2,735 shares during the last quarter. Ameritas Advisory Services LLC raised its position in Invesco S&P MidCap Quality ETF by 4.7% in the third quarter. Ameritas Advisory Services LLC now owns 41,062 shares of the company’s stock worth $4,212,000 after acquiring an additional 1,842 shares during the period. Advisor Resource Council purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth $405,000. GGM Financials LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 2.3% during the 3rd quarter. GGM Financials LLC now owns 165,613 shares of the company’s stock valued at $16,989,000 after acquiring an additional 3,681 shares during the period. Finally, Consolidated Planning Corp bought a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter worth about $3,867,000.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $93.95 on Thursday. The firm’s 50 day moving average price is $99.62 and its 200-day moving average price is $101.48. Invesco S&P MidCap Quality ETF has a 1 year low of $91.15 and a 1 year high of $110.61. The stock has a market cap of $5.74 billion, a P/E ratio of 15.52 and a beta of 1.07.

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.