Schrum Private Wealth Management LLC Reduces Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Schrum Private Wealth Management LLC trimmed its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,300 shares of the company’s stock after selling 2,300 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $226,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XMHQ. Prime Capital Investment Advisors LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 3.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after buying an additional 122 shares during the period. Sheets Smith Wealth Management raised its holdings in shares of Invesco S&P MidCap Quality ETF by 1.4% in the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock valued at $1,128,000 after purchasing an additional 159 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 2.2% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock worth $762,000 after purchasing an additional 165 shares during the period. Private Trust Co. NA boosted its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% during the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after purchasing an additional 223 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in Invesco S&P MidCap Quality ETF by 1.8% during the third quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock valued at $1,331,000 after buying an additional 231 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 1.4 %

Shares of NYSEARCA:XMHQ opened at $93.95 on Thursday. The company has a market capitalization of $5.74 billion, a PE ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 12-month low of $91.15 and a 12-month high of $110.61. The business’s fifty day simple moving average is $99.62 and its 200-day simple moving average is $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.