Absolute Capital Management LLC Sells 121 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Absolute Capital Management LLC trimmed its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,815 shares of the company’s stock after selling 121 shares during the quarter. Absolute Capital Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $376,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Sandy Spring Bank bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter valued at about $6,920,000. Compass Ion Advisors LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 83.6% during the 4th quarter. Compass Ion Advisors LLC now owns 4,698 shares of the company’s stock valued at $463,000 after purchasing an additional 2,139 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P MidCap Quality ETF by 11.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,061,614 shares of the company’s stock valued at $107,592,000 after purchasing an additional 112,953 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 9.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 21,837 shares of the company’s stock valued at $2,150,000 after purchasing an additional 1,945 shares during the period. Finally, Aspen Wealth Strategies LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 7.0% during the 4th quarter. Aspen Wealth Strategies LLC now owns 86,144 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,621 shares during the period.

Invesco S&P MidCap Quality ETF Stock Down 0.7 %

Invesco S&P MidCap Quality ETF stock opened at $92.68 on Friday. The business has a 50-day simple moving average of $98.05 and a two-hundred day simple moving average of $100.84. The company has a market cap of $5.53 billion, a P/E ratio of 15.57 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 52-week low of $88.70 and a 52-week high of $110.61.

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.