Concord Asset Management LLC VA Purchases 3,608 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Concord Asset Management LLC VA grew its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,095 shares of the company’s stock after purchasing an additional 3,608 shares during the quarter. Invesco S&P MidCap Quality ETF comprises about 1.3% of Concord Asset Management LLC VA’s portfolio, making the stock its 18th biggest position. Concord Asset Management LLC VA owned approximately 0.13% of Invesco S&P MidCap Quality ETF worth $5,959,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in XMHQ. NBC Securities Inc. acquired a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $31,000. Cape Investment Advisory Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at approximately $32,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the second quarter worth $54,000. CWM LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 20.3% during the 2nd quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after purchasing an additional 120 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter worth about $130,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $102.16 on Friday. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a one year low of $81.66 and a one year high of $110.61. The firm has a fifty day moving average price of $101.87 and a two-hundred day moving average price of $101.50.

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.