Concord Wealth Partners Sells 6,191 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Concord Wealth Partners cut its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,188 shares of the company’s stock after selling 6,191 shares during the period. Invesco S&P MidCap Quality ETF comprises 0.9% of Concord Wealth Partners’ holdings, making the stock its 26th largest holding. Concord Wealth Partners’ holdings in Invesco S&P MidCap Quality ETF were worth $5,336,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in XMHQ. New Millennium Group LLC grew its position in Invesco S&P MidCap Quality ETF by 10.4% in the fourth quarter. New Millennium Group LLC now owns 39,266 shares of the company’s stock worth $3,867,000 after acquiring an additional 3,683 shares in the last quarter. Narus Financial Partners LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 41.0% in the 4th quarter. Narus Financial Partners LLC now owns 3,630 shares of the company’s stock valued at $357,000 after purchasing an additional 1,055 shares during the last quarter. Hunter Associates Investment Management LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 20.2% in the 4th quarter. Hunter Associates Investment Management LLC now owns 95,293 shares of the company’s stock worth $9,366,000 after purchasing an additional 15,987 shares during the period. Fifth Third Securities Inc. increased its position in shares of Invesco S&P MidCap Quality ETF by 29.9% during the 4th quarter. Fifth Third Securities Inc. now owns 107,295 shares of the company’s stock valued at $10,565,000 after purchasing an additional 24,701 shares during the last quarter. Finally, Enzi Wealth raised its holdings in Invesco S&P MidCap Quality ETF by 4.1% during the 4th quarter. Enzi Wealth now owns 99,180 shares of the company’s stock valued at $10,303,000 after buying an additional 3,900 shares during the period.

Invesco S&P MidCap Quality ETF Stock Down 1.1 %

Shares of XMHQ opened at $101.24 on Friday. Invesco S&P MidCap Quality ETF has a 52-week low of $91.21 and a 52-week high of $110.61. The company has a market cap of $4.54 billion, a PE ratio of 16.29 and a beta of 1.15. The business has a fifty day moving average of $102.90 and a 200 day moving average of $101.55.

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.