Northwestern Mutual Wealth Management Co. Decreases Stake in Invesco S&P MidCap Quality ETF $XMHQ

Northwestern Mutual Wealth Management Co. lowered its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 8.6% in the first quarter, Holdings Channel reports. The firm owned 1,840,029 shares of the company’s stock after selling 174,137 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P MidCap Quality ETF were worth $168,418,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Cary Street Partners Financial LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF by 3.1% during the 1st quarter. Cary Street Partners Financial LLC now owns 4,120 shares of the company’s stock worth $377,000 after purchasing an additional 125 shares during the period. MONECO Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 2.0% in the 1st quarter. MONECO Advisors LLC now owns 6,418 shares of the company’s stock worth $587,000 after acquiring an additional 126 shares during the period. Continuum Advisory LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 5.7% in the 4th quarter. Continuum Advisory LLC now owns 2,504 shares of the company’s stock worth $247,000 after acquiring an additional 135 shares during the period. Global Assets Advisory LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 4.0% in the 4th quarter. Global Assets Advisory LLC now owns 3,886 shares of the company’s stock worth $382,000 after acquiring an additional 149 shares during the period. Finally, Capital Analysts LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 51.6% in the 1st quarter. Capital Analysts LLC now owns 482 shares of the company’s stock worth $44,000 after acquiring an additional 164 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 2.1%

NYSEARCA XMHQ opened at $104.84 on Friday. The stock has a market cap of $5.07 billion, a PE ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $109.79. The business has a 50 day moving average price of $100.36 and a two-hundred day moving average price of $96.43.

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.