Cypress Capital Group Has $8.33 Million Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Cypress Capital Group raised its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,894 shares of the company’s stock after purchasing an additional 4,765 shares during the quarter. Invesco S&P MidCap Quality ETF makes up 1.0% of Cypress Capital Group’s holdings, making the stock its 23rd biggest position. Cypress Capital Group owned about 0.19% of Invesco S&P MidCap Quality ETF worth $8,334,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. MONECO Advisors LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 7.0% during the 4th quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock valued at $350,000 after purchasing an additional 260 shares during the last quarter. &PARTNERS bought a new position in Invesco S&P MidCap Quality ETF during the 1st quarter worth $599,000. ICA Group Wealth Management LLC bought a new position in Invesco S&P MidCap Quality ETF during the 4th quarter worth $9,516,000. Advisory Services Network LLC increased its position in Invesco S&P MidCap Quality ETF by 5.6% during the 4th quarter. Advisory Services Network LLC now owns 31,699 shares of the company’s stock worth $2,812,000 after buying an additional 1,668 shares during the period. Finally, Enzi Wealth increased its position in Invesco S&P MidCap Quality ETF by 140.1% during the 4th quarter. Enzi Wealth now owns 81,850 shares of the company’s stock worth $7,874,000 after buying an additional 47,765 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 2.1 %

XMHQ stock traded up $2.09 during trading hours on Friday, hitting $101.84. 257,127 shares of the stock were exchanged, compared to its average volume of 401,798. Invesco S&P MidCap Quality ETF has a 12 month low of $75.29 and a 12 month high of $110.61. The firm has a market capitalization of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15. The company has a 50-day simple moving average of $98.88 and a two-hundred day simple moving average of $102.78.

About Invesco S&P MidCap Quality ETF

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.