Denver Wealth Management Inc. Lowers Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Denver Wealth Management Inc. decreased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,574 shares of the company’s stock after selling 141 shares during the period. Denver Wealth Management Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can boosted its stake in shares of Invesco S&P MidCap Quality ETF by 73.7% in the second quarter. Bank of Montreal Can now owns 78,705 shares of the company’s stock valued at $8,235,000 after purchasing an additional 33,395 shares during the period. NewEdge Advisors LLC boosted its position in Invesco S&P MidCap Quality ETF by 5.5% in the 2nd quarter. NewEdge Advisors LLC now owns 96,761 shares of the company’s stock valued at $9,389,000 after buying an additional 5,013 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the second quarter worth $832,000. Truist Financial Corp increased its position in shares of Invesco S&P MidCap Quality ETF by 264.2% during the second quarter. Truist Financial Corp now owns 21,491 shares of the company’s stock worth $2,085,000 after acquiring an additional 15,590 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Invesco S&P MidCap Quality ETF by 10.4% in the second quarter. Cetera Investment Advisers now owns 486,080 shares of the company’s stock valued at $47,164,000 after acquiring an additional 45,813 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $102.57 on Wednesday. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock’s 50-day moving average is $103.12 and its two-hundred day moving average is $101.52. Invesco S&P MidCap Quality ETF has a 1-year low of $90.68 and a 1-year high of $110.61.

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.