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

Cypress Capital Group lowered its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,942 shares of the company’s stock after selling 4,952 shares during the period. Invesco S&P MidCap Quality ETF accounts for 0.9% of Cypress Capital Group’s holdings, making the stock its 25th biggest position. Cypress Capital Group owned 0.18% of Invesco S&P MidCap Quality ETF worth $8,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CreativeOne Wealth LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 74.3% during the first quarter. CreativeOne Wealth LLC now owns 14,683 shares of the company’s stock worth $1,616,000 after purchasing an additional 6,257 shares during the last quarter. Stonebridge Capital Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF in the first quarter valued at approximately $236,000. 1832 Asset Management L.P. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 27.5% in the 1st quarter. 1832 Asset Management L.P. now owns 549,355 shares of the company’s stock valued at $60,457,000 after purchasing an additional 118,503 shares during the period. Jane Street Group LLC grew its position in Invesco S&P MidCap Quality ETF by 113.5% during the first quarter. Jane Street Group LLC now owns 53,764 shares of the company’s stock valued at $5,917,000 after buying an additional 28,586 shares during the period. Finally, Pacific Center for Financial Services increased its holdings in Invesco S&P MidCap Quality ETF by 3.0% in the first quarter. Pacific Center for Financial Services now owns 218,928 shares of the company’s stock valued at $24,093,000 after buying an additional 6,393 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $103.85 on Thursday. The company has a fifty day moving average of $102.29 and a two-hundred day moving average of $101.48. Invesco S&P MidCap Quality ETF has a fifty-two week low of $82.05 and a fifty-two week high of $110.61. The stock has a market capitalization of $4.65 billion, a PE ratio of 16.29 and a beta of 1.15.

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.