JBR Co Financial Management Inc Decreases Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

JBR Co Financial Management Inc cut its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 18.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,779 shares of the company’s stock after selling 1,568 shares during the period. JBR Co Financial Management Inc’s holdings in Invesco S&P MidCap Quality ETF were worth $668,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XMHQ. Benjamin Edwards Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Invesco S&P MidCap Quality ETF by 100.9% in the third quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock valued at $97,314,000 after purchasing an additional 476,567 shares during the period. HighTower Advisors LLC boosted its holdings 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 valued at $77,168,000 after purchasing an additional 362,451 shares during the period. LPL Financial LLC boosted its holdings 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 valued at $508,809,000 after purchasing an additional 356,196 shares during the period. Finally, Annex Advisory Services LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 15.9% in the fourth quarter. Annex Advisory Services LLC now owns 1,052,604 shares of the company’s stock valued at $103,650,000 after purchasing an additional 144,450 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $96.29 on Friday. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business has a 50-day moving average of $100.58 and a two-hundred day moving average of $101.59. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year high of $110.61.

About Invesco S&P MidCap Quality ETF

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.