SFG Wealth Management LLC. Cuts Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

SFG Wealth Management LLC. lowered its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,435 shares of the company’s stock after selling 604 shares during the period. Invesco S&P MidCap Quality ETF comprises 0.7% of SFG Wealth Management LLC.’s portfolio, making the stock its 26th largest holding. SFG Wealth Management LLC.’s holdings in Invesco S&P MidCap Quality ETF were worth $1,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in Invesco S&P MidCap Quality ETF by 31.0% during the second quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock worth $446,719,000 after acquiring an additional 1,090,518 shares during the last quarter. Annex Advisory Services LLC acquired a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $88,073,000. Edmond DE Rothschild Holding S.A. purchased a new position in Invesco S&P MidCap Quality ETF in the 1st quarter valued at about $84,108,000. Osaic Holdings Inc. lifted its holdings in Invesco S&P MidCap Quality ETF by 113.2% in the 1st quarter. Osaic Holdings Inc. now owns 609,432 shares of the company’s stock valued at $67,076,000 after purchasing an additional 323,645 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 37.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,100,399 shares of the company’s stock worth $106,772,000 after purchasing an additional 299,599 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.1 %

Shares of NYSEARCA:XMHQ traded up $0.12 during trading on Friday, reaching $105.48. The stock had a trading volume of 75,185 shares, compared to its average volume of 370,762. The stock has a market cap of $4.73 billion, a P/E ratio of 16.29 and a beta of 1.15. The business has a fifty day moving average price of $100.98 and a 200-day moving average price of $101.47. Invesco S&P MidCap Quality ETF has a fifty-two week low of $78.31 and a fifty-two week high of $110.61.

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.