JPMorgan Chase & Co. Has $8.11 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

JPMorgan Chase & Co. lessened its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 39.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 79,017 shares of the company’s stock after selling 51,399 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco S&P MidCap Quality ETF were worth $8,106,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of Invesco S&P MidCap Quality ETF by 22.3% in the second quarter. Bank of New York Mellon Corp now owns 4,363 shares of the company’s stock worth $423,000 after acquiring an additional 796 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in Invesco S&P MidCap Quality ETF by 100.0% in the second quarter. Brown Brothers Harriman & Co. now owns 16,958 shares of the company’s stock valued at $1,645,000 after purchasing an additional 8,479 shares in the last quarter. One Capital Management LLC increased its position in Invesco S&P MidCap Quality ETF by 210.2% in the 2nd quarter. One Capital Management LLC now owns 44,420 shares of the company’s stock worth $4,310,000 after purchasing an additional 30,102 shares during the last quarter. Perennial Investment Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 3.9% during the 2nd quarter. Perennial Investment Advisors LLC now owns 37,357 shares of the company’s stock worth $3,625,000 after purchasing an additional 1,403 shares in the last quarter. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at about $1,858,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ opened at $99.51 on Wednesday. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business has a 50 day simple moving average of $103.43 and a 200 day simple moving average of $101.12. Invesco S&P MidCap Quality ETF has a 52 week low of $87.44 and a 52 week 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.