Sagace Wealth Management LLC Lowers Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Sagace Wealth Management LLC lowered its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 47.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,165 shares of the company’s stock after selling 34,894 shares during the period. Invesco S&P MidCap Quality ETF comprises approximately 2.9% of Sagace Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Sagace Wealth Management LLC owned approximately 0.09% of Invesco S&P MidCap Quality ETF worth $3,857,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $31,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at approximately $77,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth $79,000. Private Trust Co. NA raised its position in Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after purchasing an additional 223 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 318.4% in the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock valued at $180,000 after purchasing an additional 1,334 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 1.7 %

Shares of NYSEARCA:XMHQ opened at $101.19 on Thursday. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12-month low of $87.44 and a 12-month high of $110.61. The business has a 50-day moving average price of $103.43 and a 200 day moving average price of $101.12.

Invesco S&P MidCap Quality ETF Company 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.