Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Sold by Redhawk Wealth Advisors Inc.

by · The Cerbat Gem

Redhawk Wealth Advisors Inc. cut its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 48.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,933 shares of the company’s stock after selling 57,880 shares during the period. Invesco S&P MidCap Quality ETF makes up 0.9% of Redhawk Wealth Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding. Redhawk Wealth Advisors Inc. owned 0.14% of Invesco S&P MidCap Quality ETF worth $6,353,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cape Investment Advisory Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter worth approximately $32,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $54,000. Glassman Wealth Services purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter worth approximately $56,000. CWM LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% during the 2nd quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after buying an additional 120 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter worth approximately $118,000.

Invesco S&P MidCap Quality ETF Trading Up 1.3 %

Shares of XMHQ stock opened at $103.51 on Monday. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock has a 50 day simple moving average of $99.60 and a 200-day simple moving average of $102.05. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61.

Invesco S&P MidCap Quality ETF Company Profile

(Free Report)

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.

Read More