Concurrent Investment Advisors LLC Buys New Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Concurrent Investment Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,742 shares of the company’s stock, valued at approximately $565,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Prime Capital Investment Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 3.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after acquiring an additional 122 shares during the period. Sheets Smith Wealth Management boosted its holdings in Invesco S&P MidCap Quality ETF by 1.4% during the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock valued at $1,128,000 after acquiring an additional 159 shares during the period. Key Client Fiduciary Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 2.2% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock valued at $762,000 after acquiring an additional 165 shares during the period. Private Trust Co. NA boosted its holdings in Invesco S&P MidCap Quality ETF by 20.3% during the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after acquiring an additional 223 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 1.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock valued at $1,331,000 after buying an additional 231 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ opened at $96.00 on Tuesday. The stock has a 50-day simple moving average of $100.39 and a 200-day simple moving average of $101.63. The stock has a market capitalization of $5.86 billion, a PE ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year 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.