First Heartland Consultants Inc. Has $3.53 Million Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

First Heartland Consultants Inc. reduced its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 31.4% in the third quarter, HoldingsChannel reports. The firm owned 34,456 shares of the company’s stock after selling 15,764 shares during the period. First Heartland Consultants Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $3,534,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in XMHQ. Southland Equity Partners LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 5.4% in the 2nd quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock valued at $201,000 after acquiring an additional 106 shares in the last quarter. CWM LLC grew its holdings in Invesco S&P MidCap Quality ETF by 20.3% in the second quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after purchasing an additional 120 shares during the period. Prime Capital Investment Advisors LLC increased its stake in Invesco S&P MidCap Quality ETF by 3.7% in 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. Sequoia Financial Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 5.3% during the second quarter. Sequoia Financial Advisors LLC now owns 2,810 shares of the company’s stock valued at $273,000 after purchasing an additional 141 shares during the period. Finally, Willner & Heller LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 6.2% during the 2nd quarter. Willner & Heller LLC now owns 3,463 shares of the company’s stock worth $336,000 after purchasing an additional 202 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ traded down $0.61 during midday trading on Tuesday, hitting $105.82. 67,548 shares of the stock traded hands, compared to its average volume of 370,561. Invesco S&P MidCap Quality ETF has a one year low of $79.32 and a one year high of $110.61. The business has a 50 day moving average price of $101.27 and a two-hundred day moving average price of $101.48. The company has a market cap of $4.74 billion, a PE 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.