Invesco S&P MidCap Quality ETF $XMHQ Stock: Clearview Wealth Management LLC Reduces Holdings

Clearview Wealth Management LLC lowered its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 27.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 92,537 shares of the company’s stock after selling 35,650 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 8.1% of Clearview Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Clearview Wealth Management LLC owned 0.19% of Invesco S&P MidCap Quality ETF worth $10,612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of XMHQ. Farmers & Merchants Investments Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $29,000. SHP Wealth Management acquired a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $33,000. PNC Financial Services Group Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 45.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock valued at $45,000 after buying an additional 137 shares during the period. Glenmede Trust Co. NA boosted its stake in shares of Invesco S&P MidCap Quality ETF by 700.0% in the 1st quarter. Glenmede Trust Co. NA now owns 800 shares of the company’s stock valued at $83,000 after buying an additional 700 shares during the period. Finally, Donor Advised Charitable Giving Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $244,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $115.22 on Friday. The business has a 50-day simple moving average of $116.02 and a 200-day simple moving average of $112.27. Invesco S&P MidCap Quality ETF has a one year low of $97.49 and a one year high of $119.99. The company has a market cap of $5.49 billion, a PE ratio of 16.29 and a beta of 0.98.

Invesco S&P MidCap Quality ETF Company 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.