GPS Wealth Strategies Group LLC Cuts Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

GPS Wealth Strategies Group LLC decreased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 93.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,277 shares of the company’s stock after selling 19,471 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 127.2% during the third quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 93.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after buying an additional 146 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $36,000. Optima Capital LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $37,000. Finally, Clearstead Trust LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF by 276.7% during the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after buying an additional 285 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.9%

NYSEARCA:XMHQ opened at $108.46 on Friday. The company’s 50 day moving average price is $105.96 and its 200-day moving average price is $105.35. Invesco S&P MidCap Quality ETF has a 52 week low of $95.07 and a 52 week high of $112.49. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98.

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.