Sax Wealth Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 20.2% during the third quarter, HoldingsChannel.com reports. The firm owned 224,293 shares of the company’s stock after acquiring an additional 37,674 shares during the quarter. Invesco S&P MidCap Quality ETF makes up 0.7% of Sax Wealth Advisors LLC’s portfolio, making the stock its 25th biggest position. Sax Wealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $25,042,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth $29,000. SHP Wealth Management bought a new stake in Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $33,000. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 45.4% during the first quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after purchasing an additional 137 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Invesco S&P MidCap Quality ETF by 700.0% in the 1st quarter. Glenmede Trust Co. NA now owns 800 shares of the company’s stock valued at $83,000 after buying an additional 700 shares during the period. Finally, Riverchase Wealth Management LLC bought a new position in Invesco S&P MidCap Quality ETF during the second quarter worth about $208,000.
Invesco S&P MidCap Quality ETF Price Performance
Shares of Invesco S&P MidCap Quality ETF stock traded up $0.08 during trading hours on Tuesday, hitting $114.27. The company’s stock had a trading volume of 90,428 shares, compared to its average volume of 202,411. The stock has a 50 day moving average of $116.22 and a 200 day moving average of $112.01. Invesco S&P MidCap Quality ETF has a 12 month low of $97.49 and a 12 month high of $119.99. The company has a market capitalization of $5.46 billion, a PE ratio of 16.29 and a beta of 0.98.
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.
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Want to see what other hedge funds are holding XMHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report).
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