TrueWealth Advisors LLC Has $5.40 Million Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

TrueWealth Advisors LLC lowered its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 17.5% during the third quarter, Holdings Channel.com reports. The fund owned 51,473 shares of the company’s stock after selling 10,922 shares during the period. Invesco S&P MidCap Quality ETF accounts for approximately 1.5% of TrueWealth Advisors LLC’s holdings, making the stock its 14th largest holding. TrueWealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $5,403,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of XMHQ. Creative Planning raised its stake in shares of Invesco S&P MidCap Quality ETF by 8.8% during the 2nd quarter. Creative Planning now owns 19,517 shares of the company’s stock worth $1,917,000 after purchasing an additional 1,571 shares in the last quarter. American National Bank of Texas bought a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at $3,788,000. Flow Traders U.S. LLC increased its holdings in Invesco S&P MidCap Quality ETF by 138.6% during the second quarter. Flow Traders U.S. LLC now owns 16,782 shares of the company’s stock worth $1,649,000 after buying an additional 9,748 shares during the last quarter. Hsbc Holdings PLC acquired a new position in Invesco S&P MidCap Quality ETF during the first quarter worth $240,000. Finally, Avantax Advisory Services Inc. raised its position in Invesco S&P MidCap Quality ETF by 7.0% during the second quarter. Avantax Advisory Services Inc. now owns 316,369 shares of the company’s stock worth $31,080,000 after acquiring an additional 20,756 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $104.78 on Friday. The company has a fifty day moving average price of $102.80 and a two-hundred day moving average price of $102.38. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $107.19. The stock has a market cap of $5.25 billion, a P/E ratio of 16.29 and a beta of 1.04.

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.