Secure Asset Management LLC Purchases 7,018 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Secure Asset Management LLC increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,920 shares of the company’s stock after acquiring an additional 7,018 shares during the quarter. Invesco S&P MidCap Quality ETF comprises 1.5% of Secure Asset Management LLC’s holdings, making the stock its 11th biggest position. Secure Asset Management LLC owned 0.18% of Invesco S&P MidCap Quality ETF worth $7,949,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of XMHQ. International Assets Investment Management LLC acquired a new position in Invesco S&P MidCap Quality ETF during the 4th quarter valued at about $4,352,000. Atria Wealth Solutions Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF by 35.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 70,355 shares of the company’s stock valued at $6,241,000 after acquiring an additional 18,520 shares in the last quarter. Penobscot Wealth Management raised its position in shares of Invesco S&P MidCap Quality ETF by 4.5% in the 4th quarter. Penobscot Wealth Management now owns 33,092 shares of the company’s stock valued at $2,936,000 after purchasing an additional 1,420 shares during the last quarter. Kovack Advisors Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 7.8% in the 4th quarter. Kovack Advisors Inc. now owns 37,584 shares of the company’s stock worth $3,334,000 after purchasing an additional 2,723 shares in the last quarter. Finally, Truist Financial Corp grew its position in Invesco S&P MidCap Quality ETF by 5.1% during the 4th quarter. Truist Financial Corp now owns 4,159 shares of the company’s stock worth $369,000 after purchasing an additional 201 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 2.1 %

Shares of NYSEARCA XMHQ traded up $2.09 during midday trading on Friday, reaching $101.84. The company had a trading volume of 257,123 shares, compared to its average volume of 401,798. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year high of $110.61. The business’s 50-day simple moving average is $98.88 and its 200 day simple moving average is $102.66. The stock has a market cap of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15.

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.