Secure Asset Management LLC Has $2.06 Million Stake in Invesco S&P MidCap Quality ETF $XMHQ

Secure Asset Management LLC lowered its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,977 shares of the company’s stock after selling 1,656 shares during the period. Secure Asset Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,061,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its position in 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 in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 2.4% in the 1st quarter. Benjamin Edwards Inc. now owns 1,212,974 shares of the company’s stock worth $111,024,000 after buying an additional 28,063 shares in the last quarter. Annex Advisory Services LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 5.4% in the 1st quarter. Annex Advisory Services LLC now owns 1,109,163 shares of the company’s stock worth $101,522,000 after buying an additional 56,559 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 10.2% in the 1st quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock valued at $94,926,000 after buying an additional 96,324 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Invesco S&P MidCap Quality ETF by 23.2% in the 1st quarter. Cetera Investment Advisers now owns 731,980 shares of the company’s stock valued at $66,998,000 after buying an additional 137,889 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $104.98 on Thursday. The stock’s fifty day simple moving average is $102.88 and its 200 day simple moving average is $97.21. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $109.79.

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.