Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 96.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 17,762 shares of the company’s stock after buying an additional 8,706 shares during the quarter. United Asset Strategies Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $1,822,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE raised its position in Invesco S&P MidCap Quality ETF by 12.5% in the third quarter. US Bancorp DE now owns 46,878 shares of the company’s stock worth $4,809,000 after acquiring an additional 5,224 shares in the last quarter. HM Payson & Co. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth approximately $1,016,000. Edge Financial Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth approximately $1,619,000. Valmark Advisers Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 317.0% during the third quarter. Valmark Advisers Inc. now owns 24,689 shares of the company’s stock valued at $2,533,000 after purchasing an additional 18,768 shares during the last quarter. Finally, MONECO Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 8.8% during the third quarter. MONECO Advisors LLC now owns 5,665 shares of the company’s stock worth $581,000 after buying an additional 459 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 1.0 %

Invesco S&P MidCap Quality ETF stock traded down $1.04 during mid-day trading on Thursday, hitting $98.99. The company’s stock had a trading volume of 94,048 shares, compared to its average volume of 373,138. The stock has a market capitalization of $4.43 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a twelve month low of $75.92 and a twelve month high of $110.61. The stock’s fifty day moving average price is $100.96 and its two-hundred day moving average price is $101.55.

Invesco S&P MidCap Quality ETF Profile

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.