Burns Matteson Capital Management LLC Has $5.53 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Burns Matteson Capital Management LLC reduced its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,162 shares of the company’s stock after selling 2,538 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for 2.7% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Burns Matteson Capital Management LLC owned about 0.13% of Invesco S&P MidCap Quality ETF worth $5,530,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of XMHQ. Oakworth Capital Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth $28,000. NBC Securities Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth approximately $31,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter worth approximately $77,000. Pinnacle Bancorp Inc. bought a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $79,000. Finally, Private Trust Co. NA raised its position in Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after acquiring an additional 223 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $100.82 on Monday. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year high of $110.61. The firm has a fifty day moving average price of $102.15 and a 200-day moving average price of $101.57.

Invesco S&P MidCap Quality ETF Company 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.