Brown Brothers Harriman & Co. Sells 4,728 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Brown Brothers Harriman & Co. decreased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 27.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,230 shares of the company’s stock after selling 4,728 shares during the period. Brown Brothers Harriman & Co.’s holdings in Invesco S&P MidCap Quality ETF were worth $1,204,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. LPL Financial LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% during the 4th quarter. LPL Financial LLC now owns 5,341,244 shares of the company’s stock valued at $525,952,000 after buying an additional 381,123 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Invesco S&P MidCap Quality ETF by 8.0% during the third quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock worth $171,196,000 after acquiring an additional 124,140 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 6.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,194,776 shares of the company’s stock worth $117,650,000 after acquiring an additional 76,889 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 2,305.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Invesco S&P MidCap Quality ETF by 11.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,061,614 shares of the company’s stock valued at $107,592,000 after purchasing an additional 112,953 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 1.8 %

Invesco S&P MidCap Quality ETF stock opened at $91.52 on Monday. The firm has a fifty day simple moving average of $97.23 and a two-hundred day simple moving average of $100.75. Invesco S&P MidCap Quality ETF has a twelve month low of $88.70 and a twelve month high of $110.29. The company has a market capitalization of $5.38 billion, a PE ratio of 15.97 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1895 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.