PCG Wealth Advisors LLC Sells 14,082 Shares of Invesco S&P MidCap Quality ETF $XMHQ

PCG Wealth Advisors LLC lowered its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,842 shares of the company’s stock after selling 14,082 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 3.2% of PCG Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. PCG Wealth Advisors LLC owned about 0.27% of Invesco S&P MidCap Quality ETF worth $14,318,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Morgan Stanley grew its stake in shares of Invesco S&P MidCap Quality ETF by 11.7% in the 4th quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock valued at $247,142,000 after purchasing an additional 252,612 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after buying an additional 83,853 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco S&P MidCap Quality ETF by 7.3% during the 1st quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock worth $144,975,000 after buying an additional 95,372 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P MidCap Quality ETF by 0.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,209,723 shares of the company’s stock valued at $136,554,000 after buying an additional 7,521 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Invesco S&P MidCap Quality ETF by 2.1% in the 1st quarter. Bank of America Corp DE now owns 657,026 shares of the company’s stock valued at $67,917,000 after buying an additional 13,566 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $118.08 on Friday. The business’s fifty day moving average price is $115.89 and its two-hundred day moving average price is $110.37. Invesco S&P MidCap Quality ETF has a fifty-two week low of $97.49 and a fifty-two week high of $119.99. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.