Foundations Investment Advisors LLC Has $308,000 Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Foundations Investment Advisors LLC lowered its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,130 shares of the company’s stock after selling 395 shares during the period. Foundations Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $308,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth $31,000. MidAtlantic Capital Management Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at $77,000. Pinnacle Bancorp Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at about $79,000. Private Trust Co. NA increased its position in shares of Invesco S&P MidCap Quality ETF by 20.3% during the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after acquiring an additional 223 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 318.4% in the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock worth $180,000 after acquiring an additional 1,334 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $101.24 on Friday. The business has a 50-day simple moving average of $103.01 and a two-hundred day simple moving average of $101.54. The company has a market capitalization of $4.54 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52-week low of $91.21 and a 52-week 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.