Fortis Group Advisors LLC Sells 1,703 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Fortis Group Advisors LLC cut its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 23.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,585 shares of the company’s stock after selling 1,703 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of XMHQ. Atomi Financial Group Inc. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 49.2% in the fourth quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after acquiring an additional 1,016 shares during the period. FMR LLC boosted its stake in Invesco S&P MidCap Quality ETF by 15.3% in the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after purchasing an additional 572 shares during the period. Jane Street Group LLC purchased a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter valued at about $608,000. Brookstone Capital Management increased its position in shares of Invesco S&P MidCap Quality ETF by 20.1% during the fourth quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock valued at $357,000 after buying an additional 607 shares during the period. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at about $362,000.

Invesco S&P MidCap Quality ETF Trading Down 0.3 %

XMHQ stock opened at $100.24 on Tuesday. The firm has a 50 day moving average of $101.33 and a 200-day moving average of $101.54. The firm has a market capitalization of $4.49 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $91.95 and a 12 month 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.