Concord Asset Management LLC VA Acquires 1,399 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Concord Asset Management LLC VA lifted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.8% during the second quarter, HoldingsChannel reports. The firm owned 80,358 shares of the company’s stock after purchasing an additional 1,399 shares during the period. Invesco S&P MidCap Quality ETF comprises 1.2% of Concord Asset Management LLC VA’s investment portfolio, making the stock its 22nd biggest position. Concord Asset Management LLC VA’s holdings in Invesco S&P MidCap Quality ETF were worth $7,894,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Commonwealth Equity Services LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 6.6% in the first quarter. Commonwealth Equity Services LLC now owns 1,273,426 shares of the company’s stock worth $116,557,000 after purchasing an additional 78,650 shares during the period. Benjamin Edwards Inc. increased its stake in shares of Invesco S&P MidCap Quality ETF by 2.4% in the first quarter. Benjamin Edwards Inc. now owns 1,212,974 shares of the company’s stock worth $111,024,000 after purchasing an additional 28,063 shares during the period. Raymond James Financial Inc. increased its stake in shares of Invesco S&P MidCap Quality ETF by 10.2% in the first quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock worth $94,926,000 after purchasing an additional 96,324 shares during the period. Cetera Investment Advisers increased its stake in shares of Invesco S&P MidCap Quality ETF by 23.2% in the first quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock worth $66,998,000 after purchasing an additional 137,889 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Invesco S&P MidCap Quality ETF by 33.8% in the first quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock worth $52,931,000 after purchasing an additional 146,209 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $102.30 on Monday. The business’s 50-day simple moving average is $104.21 and its 200-day simple moving average is $98.73. The firm has a market capitalization of $5.13 billion, a PE ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79.

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.