Cypress Capital Group Trims Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Cypress Capital Group decreased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 80,942 shares of the company’s stock after selling 4,952 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 0.9% of Cypress Capital Group’s portfolio, making the stock its 25th biggest position. Cypress Capital Group’s holdings in Invesco S&P MidCap Quality ETF were worth $8,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. New Millennium Group LLC grew its position in Invesco S&P MidCap Quality ETF by 120.2% during the third quarter. New Millennium Group LLC now owns 35,583 shares of the company’s stock valued at $3,650,000 after acquiring an additional 19,420 shares during the period. Belmont Capital LLC acquired a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $532,000. Schwallier Wealth Management LLC grew its stake in Invesco S&P MidCap Quality ETF by 6.2% during the third quarter. Schwallier Wealth Management LLC now owns 112,383 shares of the company’s stock worth $11,528,000 after buying an additional 6,512 shares during the period. OneAscent Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter worth $254,000. Finally, Spectrum Wealth Advisory Group LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $10,543,000.

Invesco S&P MidCap Quality ETF Trading Up 1.6 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $103.85 on Thursday. Invesco S&P MidCap Quality ETF has a twelve month low of $82.05 and a twelve month high of $110.61. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The company has a fifty day moving average price of $102.29 and a 200 day moving average price of $101.48.

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.