Northwestern Mutual Wealth Management Co. Sells 788,232 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Northwestern Mutual Wealth Management Co. lessened its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 60.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 519,800 shares of the company’s stock after selling 788,232 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.05% of Invesco S&P MidCap Quality ETF worth $53,238,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XMHQ. Hazlett Burt & Watson Inc. increased its holdings in Invesco S&P MidCap Quality ETF by 127.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares in the last quarter. Root Financial Partners LLC bought a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth about $36,000. Optima Capital LLC bought a new position in Invesco S&P MidCap Quality ETF during the 4th quarter worth about $37,000. Clearstead Trust LLC increased its holdings in Invesco S&P MidCap Quality ETF by 276.7% during the 3rd quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock worth $41,000 after purchasing an additional 285 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $44,000.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $107.25 on Monday. The stock has a 50-day moving average price of $105.67 and a two-hundred day moving average price of $105.23. The stock has a market cap of $5.18 billion, a PE ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $112.49.

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.