Dana Investment Advisors Inc. Trims Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Dana Investment Advisors Inc. decreased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,277 shares of the company’s stock after selling 1,255 shares during the period. Dana Investment Advisors Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. raised its stake in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after acquiring an additional 1,016 shares during the last quarter. Truist Financial Corp grew its position in Invesco S&P MidCap Quality ETF by 1.6% during the 4th quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock worth $2,972,000 after purchasing an additional 487 shares during the period. FMR LLC grew its position in Invesco S&P MidCap Quality ETF by 15.3% during the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after purchasing an additional 572 shares during the period. Jane Street Group LLC acquired a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter worth about $608,000. Finally, Brookstone Capital Management grew its position in Invesco S&P MidCap Quality ETF by 20.1% during the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after purchasing an additional 607 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ opened at $93.59 on Friday. The business’s 50-day moving average is $99.34 and its two-hundred day moving average is $101.38. The company has a market capitalization of $5.72 billion, a P/E ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.09 and a fifty-two 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.