Invesco S&P MidCap Quality ETF $XMHQ Shares Sold by Eastern Bank

Eastern Bank decreased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 32.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 37,249 shares of the company’s stock after selling 18,057 shares during the quarter. Eastern Bank’s holdings in Invesco S&P MidCap Quality ETF were worth $3,659,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Commonwealth Equity Services LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 6.6% in the first quarter. Commonwealth Equity Services LLC now owns 1,273,426 shares of the company’s stock worth $116,557,000 after acquiring an additional 78,650 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 2.4% in the first quarter. Benjamin Edwards Inc. now owns 1,212,974 shares of the company’s stock worth $111,024,000 after acquiring an additional 28,063 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 10.2% in the first quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock worth $94,926,000 after acquiring an additional 96,324 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Invesco S&P MidCap Quality ETF by 23.2% in the first quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock worth $66,998,000 after acquiring an additional 137,889 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 33.8% in the first quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock worth $52,931,000 after acquiring an additional 146,209 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 1.9%

NYSEARCA:XMHQ opened at $102.30 on Friday. The company has a fifty day simple moving average of $104.21 and a two-hundred day simple moving average of $98.66. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79.

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.