Foundations Investment Advisors LLC Sells 7,082 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Foundations Investment Advisors LLC reduced its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,802 shares of the company’s stock after selling 7,082 shares during the period. Foundations Investment Advisors LLC owned approximately 0.35% of Invesco S&P MidCap Quality ETF worth $16,583,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Capital Analysts LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 51.6% during the 1st quarter. Capital Analysts LLC now owns 482 shares of the company’s stock valued at $44,000 after buying an additional 164 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in Invesco S&P MidCap Quality ETF by 38.9% in the second quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the company’s stock valued at $123,000 after purchasing an additional 350 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Invesco S&P MidCap Quality ETF by 10.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,714 shares of the company’s stock valued at $157,000 after buying an additional 159 shares during the period. Compass Ion Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF in the 2nd quarter worth $203,000. Finally, Capstone Capital LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the second quarter worth about $209,000.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ opened at $100.68 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The stock has a market capitalization of $5.05 billion, a PE ratio of 16.29 and a beta of 1.04. The business’s 50-day moving average is $104.31 and its 200 day moving average is $101.24.

Invesco S&P MidCap Quality ETF 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.