Harbour Investments Inc. Trims Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Harbour Investments Inc. reduced its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,948 shares of the company’s stock after selling 2,590 shares during the quarter. Harbour Investments Inc. owned about 0.10% of Invesco S&P MidCap Quality ETF worth $4,611,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. NBC Securities Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at approximately $31,000. Cape Investment Advisory Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the 1st quarter valued at $32,000. International Assets Investment Management LLC purchased a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth $54,000. CWM LLC lifted its stake in shares of 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 acquiring an additional 120 shares during the period. Finally, Larson Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at about $130,000.

Invesco S&P MidCap Quality ETF Stock Down 0.9 %

NYSEARCA XMHQ opened at $105.44 on Wednesday. The stock has a market capitalization of $4.72 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52-week low of $79.32 and a 52-week high of $110.61. The firm has a 50-day moving average price of $101.27 and a 200 day moving average price of $101.48.

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.