Milestone Investment Advisors LLC Cuts Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Milestone Investment Advisors LLC cut its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 162,300 shares of the company’s stock after selling 11,696 shares during the quarter. Invesco S&P MidCap Quality ETF makes up approximately 4.7% of Milestone Investment Advisors LLC’s holdings, making the stock its 6th biggest holding. Milestone Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $16,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $294,000. Csenge Advisory Group boosted its position in Invesco S&P MidCap Quality ETF by 3.5% during the first quarter. Csenge Advisory Group now owns 12,007 shares of the company’s stock valued at $1,321,000 after purchasing an additional 411 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Invesco S&P MidCap Quality ETF by 223.5% in the first quarter. Geneos Wealth Management Inc. now owns 4,577 shares of the company’s stock valued at $504,000 after purchasing an additional 3,162 shares during the last quarter. Advisory Services Network LLC raised its holdings in Invesco S&P MidCap Quality ETF by 27.6% in the first quarter. Advisory Services Network LLC now owns 40,437 shares of the company’s stock worth $4,450,000 after purchasing an additional 8,738 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 223.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 49,177 shares of the company’s stock valued at $5,412,000 after buying an additional 33,957 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 2.0 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $101.79 on Wednesday. The company has a market cap of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15. The firm’s 50 day moving average price is $100.88 and its 200-day moving average price is $101.44. Invesco S&P MidCap Quality ETF has a 52-week low of $78.31 and a 52-week 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.