Confluence Wealth Services Inc. Decreases Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Confluence Wealth Services Inc. cut its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 75.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,122 shares of the company’s stock after selling 6,470 shares during the period. Confluence Wealth Services Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 2,305.0% during the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after buying an additional 1,076,075 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P MidCap Quality ETF by 100.9% during the third quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock valued at $97,314,000 after buying an additional 476,567 shares during the last quarter. HighTower Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF by 93.0% in the third quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after purchasing an additional 362,451 shares in the last quarter. LPL Financial LLC grew its stake in Invesco S&P MidCap Quality ETF by 7.7% in the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after purchasing an additional 356,196 shares in the last quarter. Finally, Good Life Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF by 123.7% in the third quarter. Good Life Advisors LLC now owns 352,170 shares of the company’s stock worth $36,126,000 after purchasing an additional 194,714 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.4 %

Shares of NYSEARCA:XMHQ opened at $101.59 on Friday. Invesco S&P MidCap Quality ETF has a 52-week low of $91.95 and a 52-week high of $110.61. The stock has a market cap of $4.55 billion, a P/E ratio of 16.29 and a beta of 1.15. The business’s 50 day moving average is $102.42 and its 200 day moving average is $101.55.

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.