IFP Advisors Inc Has $125,000 Stock Holdings in Invesco S&P MidCap Quality ETF $XMHQ

IFP Advisors Inc reduced its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,278 shares of the company’s stock after selling 101 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P MidCap Quality ETF were worth $125,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of XMHQ. Crestwood Advisors Group LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter valued at about $27,231,000. Foundations Investment Advisors LLC lifted its stake in Invesco S&P MidCap Quality ETF by 5,519.3% in the 1st quarter. Foundations Investment Advisors LLC now owns 175,884 shares of the company’s stock valued at $16,099,000 after purchasing an additional 172,754 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 33.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock valued at $52,931,000 after purchasing an additional 146,209 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Invesco S&P MidCap Quality ETF by 37.4% in the 1st quarter. Jones Financial Companies Lllp now owns 531,383 shares of the company’s stock valued at $48,632,000 after purchasing an additional 144,740 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Invesco S&P MidCap Quality ETF by 23.2% in the 1st quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock valued at $66,998,000 after purchasing an additional 137,889 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $103.77 on Friday. Invesco S&P MidCap Quality ETF has a 52-week low of $80.60 and a 52-week high of $109.79. The company has a market capitalization of $5.20 billion, a P/E ratio of 16.29 and a beta of 1.03. The company has a 50-day simple moving average of $104.56 and a 200 day simple moving average of $99.10.

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.