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

Concord Wealth Partners raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 accounts for 1.0% of Concord Wealth Partners’ holdings, making the stock its 24th largest holding. Concord Wealth Partners owned approximately 0.13% of Invesco S&P MidCap Quality ETF worth $6,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Southland Equity Partners LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 5.4% during the 2nd quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock valued at $201,000 after acquiring an additional 106 shares in the last quarter. CWM LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% during the second quarter. CWM LLC now owns 712 shares of the company’s stock valued at $69,000 after purchasing an additional 120 shares in the last quarter. PFG Advisors grew its holdings in shares of Invesco S&P MidCap Quality ETF by 0.4% during the first quarter. PFG Advisors now owns 33,108 shares of the company’s stock worth $3,644,000 after purchasing an additional 140 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 5.3% in the second quarter. Sequoia Financial Advisors LLC now owns 2,810 shares of the company’s stock valued at $273,000 after buying an additional 141 shares during the period. Finally, Willner & Heller LLC raised its holdings in Invesco S&P MidCap Quality ETF by 6.2% in the 2nd quarter. Willner & Heller LLC now owns 3,463 shares of the company’s stock valued at $336,000 after buying an additional 202 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 1.3 %

NYSEARCA:XMHQ traded up $1.26 during mid-day trading on Monday, hitting $101.17. 64,550 shares of the company’s stock were exchanged, compared to its average volume of 375,346. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61. The firm has a market capitalization of $4.53 billion, a P/E ratio of 16.29 and a beta of 1.15. The company has a 50 day simple moving average of $100.90 and a 200-day simple moving average of $101.64.

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.