Prota Financial LLC Cuts Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Prota Financial LLC lowered its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 35.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,037 shares of the company’s stock after selling 27,239 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 3.6% of Prota Financial LLC’s portfolio, making the stock its 12th largest position. Prota Financial LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $5,531,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 93.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after purchasing an additional 146 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth $33,000. Optima Capital LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth $37,000. Qube Research & Technologies Ltd bought a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at $44,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after purchasing an additional 412 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $118.50 on Wednesday. Invesco S&P MidCap Quality ETF has a one year low of $97.49 and a one year high of $118.65. The business’s fifty day moving average is $112.31 and its 200 day moving average is $108.66. The stock has a market capitalization of $5.63 billion, a PE ratio of 16.29 and a beta of 0.97.

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.