Bank of Montreal Can Sells 31,304 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Bank of Montreal Can lessened its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 39.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,401 shares of the company’s stock after selling 31,304 shares during the quarter. Bank of Montreal Can’s holdings in Invesco S&P MidCap Quality ETF were worth $4,854,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Private Trust Co. NA lifted its stake in Invesco S&P MidCap Quality ETF by 20.3% during the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after acquiring an additional 223 shares in the last quarter. Independent Advisor Alliance lifted its position in shares of Invesco S&P MidCap Quality ETF by 32.9% during the third quarter. Independent Advisor Alliance now owns 13,008 shares of the company’s stock valued at $1,334,000 after purchasing an additional 3,221 shares in the last quarter. Centaurus Financial Inc. grew its position in Invesco S&P MidCap Quality ETF by 9.4% in the 3rd quarter. Centaurus Financial Inc. now owns 7,987 shares of the company’s stock worth $819,000 after purchasing an additional 689 shares in the last quarter. Family Capital Management Inc. increased its stake in Invesco S&P MidCap Quality ETF by 11.2% in the 3rd quarter. Family Capital Management Inc. now owns 23,444 shares of the company’s stock valued at $2,405,000 after buying an additional 2,357 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 228.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 10,643 shares of the company’s stock worth $1,092,000 after buying an additional 7,402 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.2 %

Shares of NYSEARCA XMHQ opened at $108.35 on Wednesday. The company has a market capitalization of $4.85 billion, a PE ratio of 16.29 and a beta of 1.15. The stock’s 50 day moving average price is $103.56 and its 200-day moving average price is $101.46. Invesco S&P MidCap Quality ETF has a twelve month low of $83.47 and a twelve month high of $110.61.

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.