EQWM
Invesco S&P MidCap Quality ETF
stock NYSE

It depends, have you made a large amount of gains with this fund? If so, selling will reset your cost basis and cost you the taxes on your gain. For example if you invested $50,000 in IMCG and now are selling it at $100,000, you will owe the US government 15-23% on that gain depending on your tax bracket. Not a fun pill to swallow.
The next thing worth mentioning is that XMHQ is an Invesco ETF. While Invesco has some very cool and interesting ETFs, XMHQ included, I would personally not hold a single Invesco ETF in my taxable account except for maybe some of their large cap funds like QQQ, SPHQ, etc.
The reason is that Invesco tends to change the index and/or methodology that a fund follows out of no where. One day a fund might be a midcap quality fund, the next day they'll have changed the ticker symbol and the fund will be a small cap value fund.
XMHQ actually underwent a change of this nature. Prior to June 24, 2019, the fund traded as Invesco Russell mid-cap Equal Weight ETF (EQWM) and followed the Russell mid-cap Equal Weight Index. A VERY different style of fund. If you don't like these changes, you would have to sell the fund and be forced to incur the taxes. Brutal.

It depends, have you made a large amount of gains with this fund? If so, selling will reset your cost basis and cost you the taxes on your gain. For example if you invested $50,000 in IMCG and now are selling it at $100,000, you will owe the US government 15-23% on that gain depending on your tax bracket. Not a fun pill to swallow.
The next thing worth mentioning is that XMHQ is an Invesco ETF. While Invesco has some very cool and interesting ETFs, XMHQ included, I would personally not hold a single Invesco ETF in my taxable account except for maybe some of their large cap funds like QQQ, SPHQ, etc.
The reason is that Invesco tends to change the index and/or methodology that a fund follows out of no where. One day a fund might be a midcap quality fund, the next day they'll have changed the ticker symbol and the fund will be a small cap value fund.
XMHQ actually underwent a change of this nature. Prior to June 24, 2019, the fund traded as Invesco Russell mid-cap Equal Weight ETF (EQWM) and followed the Russell mid-cap Equal Weight Index. A VERY different style of fund. If you don't like these changes, you would have to sell the fund and be forced to incur the taxes. Brutal.