Secure Asset Management LLC Has $8.42 Million Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Secure Asset Management LLC increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 0.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,098 shares of the company’s stock after acquiring an additional 178 shares during the period. Invesco S&P MidCap Quality ETF comprises about 1.4% of Secure Asset Management LLC’s investment portfolio, making the stock its 10th biggest holding. Secure Asset Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $8,422,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cape Investment Advisory Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF in the first quarter worth $32,000. NBC Securities Inc. bought a new stake in Invesco S&P MidCap Quality ETF during the third quarter valued at about $31,000. Glassman Wealth Services bought a new stake in Invesco S&P MidCap Quality ETF during the first quarter valued at about $56,000. International Assets Investment Management LLC bought a new stake in Invesco S&P MidCap Quality ETF during the second quarter valued at about $54,000. Finally, CWM LLC grew its holdings in 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 during the period.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $104.90 on Friday. The stock has a 50-day simple moving average of $100.33 and a two-hundred day simple moving average of $102.00. Invesco S&P MidCap Quality ETF has a 52-week low of $75.29 and a 52-week high of $110.61. The firm has a market capitalization of $4.70 billion, a PE 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.