Enzi Wealth Lowers Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Enzi Wealth trimmed its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 74.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,449 shares of the company’s stock after selling 79,425 shares during the period. Invesco S&P MidCap Quality ETF accounts for 1.0% of Enzi Wealth’s investment portfolio, making the stock its 19th biggest position. Enzi Wealth’s holdings in Invesco S&P MidCap Quality ETF were worth $2,948,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 127.2% in the third quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the period. Root Financial Partners LLC bought a new stake in Invesco S&P MidCap Quality ETF during the third quarter valued at $36,000. Asset Dedication LLC purchased a new position in Invesco S&P MidCap Quality ETF during the second quarter worth about $41,000. Clearstead Trust LLC grew its position in Invesco S&P MidCap Quality ETF by 276.7% during the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock worth $41,000 after buying an additional 285 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $44,000.

Invesco S&P MidCap Quality ETF Stock Up 2.8%

Shares of NYSEARCA XMHQ opened at $103.37 on Wednesday. The stock’s 50-day simple moving average is $105.90 and its two-hundred day simple moving average is $104.66. Invesco S&P MidCap Quality ETF has a twelve month low of $80.60 and a twelve month high of $109.79. The firm has a market capitalization of $5.11 billion, a P/E ratio of 16.29 and a beta of 1.04.

Invesco S&P MidCap Quality ETF 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.