NFP Retirement Inc. Cuts Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

NFP Retirement Inc. decreased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 117,290 shares of the company’s stock after selling 661 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 0.9% of NFP Retirement Inc.’s holdings, making the stock its 25th largest holding. NFP Retirement Inc. owned 0.26% of Invesco S&P MidCap Quality ETF worth $11,550,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new position in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $28,000. Pinnacle Bancorp Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter valued at about $79,000. Synergy Investment Management LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $130,000. EverSource Wealth Advisors LLC purchased a new position in Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $132,000. Finally, Private Trust Co. NA boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 26.1% during the 4th quarter. Private Trust Co. NA now owns 1,667 shares of the company’s stock worth $164,000 after purchasing an additional 345 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $86.86 on Friday. The stock has a 50 day moving average price of $94.00 and a 200 day moving average price of $99.75. The stock has a market cap of $5.11 billion, a PE ratio of 15.97 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $109.79.

Invesco S&P MidCap Quality ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1895 per share. The ex-dividend date was Monday, March 24th.

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.