Concord Wealth Partners Has $6.19 Million Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Concord Wealth Partners increased its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.6% during the third quarter, Holdings Channel.com reports. The fund owned 60,379 shares of the company’s stock after buying an additional 2,628 shares during the period. Invesco S&P MidCap Quality ETF makes up about 1.0% of Concord Wealth Partners’ portfolio, making the stock its 24th biggest position. Concord Wealth Partners’ holdings in Invesco S&P MidCap Quality ETF were worth $6,194,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XMHQ. LPL Financial LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 31.0% in the 2nd quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock worth $446,719,000 after purchasing an additional 1,090,518 shares during the period. Annex Advisory Services LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter valued at $88,073,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at $84,108,000. Osaic Holdings Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 113.2% during the first quarter. Osaic Holdings Inc. now owns 609,432 shares of the company’s stock worth $67,076,000 after acquiring an additional 323,645 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Invesco S&P MidCap Quality ETF by 37.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,100,399 shares of the company’s stock worth $106,772,000 after purchasing an additional 299,599 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ traded up $1.26 during trading on Monday, hitting $101.17. 64,550 shares of the company traded hands, compared to its average volume of 375,346. The business’s fifty day moving average is $100.90 and its 200 day moving average is $101.64. The firm has a market capitalization of $4.53 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61.

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.