J.W. Cole Advisors Inc. Trims Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

J.W. Cole Advisors Inc. trimmed its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 8.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,332 shares of the company’s stock after selling 1,859 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $1,904,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in XMHQ. Prime Capital Investment Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 3.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after purchasing an additional 122 shares in the last quarter. Sheets Smith Wealth Management boosted its position in Invesco S&P MidCap Quality ETF by 1.4% during the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock valued at $1,128,000 after acquiring an additional 159 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 2.2% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock valued at $762,000 after acquiring an additional 165 shares during the period. Private Trust Co. NA raised its position in shares of Invesco S&P MidCap Quality ETF by 20.3% in the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after acquiring an additional 223 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock worth $1,331,000 after purchasing an additional 231 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $100.24 on Tuesday. The stock’s 50-day moving average is $101.33 and its 200 day moving average is $101.54. Invesco S&P MidCap Quality ETF has a 1-year low of $91.95 and a 1-year high of $110.61. The company has a market cap of $4.49 billion, a P/E ratio of 16.29 and a beta of 1.15.

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.