Atria Wealth Solutions Inc. Reduces Stake in Invesco S&P MidCap Quality ETF $XMHQ

Atria Wealth Solutions Inc. trimmed its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 45.4% during the second quarter, Holdings Channel reports. The fund owned 82,783 shares of the company’s stock after selling 68,802 shares during the period. Atria Wealth Solutions Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $8,150,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its stake in 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 valued at $116,557,000 after acquiring an additional 78,650 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in 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 valued at $111,024,000 after acquiring an additional 28,063 shares during the last quarter. Raymond James Financial Inc. boosted its stake in 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 valued at $94,926,000 after acquiring an additional 96,324 shares during the last quarter. Cetera Investment Advisers boosted its stake in 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 valued at $66,998,000 after acquiring an additional 137,889 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in 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 valued at $52,931,000 after acquiring an additional 146,209 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 1.9%

XMHQ opened at $102.30 on Monday. The stock has a market cap of $5.13 billion, a price-to-earnings ratio of 16.29 and a beta of 1.03. The company’s 50-day moving average price is $104.21 and its two-hundred day moving average price is $98.73. Invesco S&P MidCap Quality ETF has a twelve month low of $80.60 and a twelve month high of $109.79.

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.