Envestnet Asset Management Inc. Sells 933,289 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Envestnet Asset Management Inc. lessened its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 77.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 267,859 shares of the company’s stock after selling 933,289 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $25,990,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of XMHQ. Southland Equity Partners LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 5.4% during the second quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock worth $201,000 after acquiring an additional 106 shares during the last quarter. CWM LLC boosted its stake in Invesco S&P MidCap Quality ETF by 20.3% in the 2nd quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after purchasing an additional 120 shares in the last quarter. PFG Advisors grew its position in Invesco S&P MidCap Quality ETF by 0.4% during the 1st quarter. PFG Advisors now owns 33,108 shares of the company’s stock worth $3,644,000 after purchasing an additional 140 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in Invesco S&P MidCap Quality ETF by 5.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,810 shares of the company’s stock valued at $273,000 after purchasing an additional 141 shares in the last quarter. Finally, Centaurus Financial Inc. increased its stake in Invesco S&P MidCap Quality ETF by 7.4% during the 4th quarter. Centaurus Financial Inc. now owns 2,596 shares of the company’s stock valued at $230,000 after purchasing an additional 178 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.6 %

NYSEARCA:XMHQ opened at $101.88 on Friday. The company has a market capitalization of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $75.29 and a 12 month high of $110.61. The firm has a fifty day simple moving average of $99.07 and a 200-day simple moving average of $102.64.

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.