HM Payson & Co. Buys Shares of 9,900 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

HM Payson & Co. purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,900 shares of the company’s stock, valued at approximately $1,016,000.

Other large investors also recently modified their holdings of the company. Edge Financial Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $1,619,000. Valmark Advisers Inc. grew its position in shares of Invesco S&P MidCap Quality ETF by 317.0% during the 3rd 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 in the last quarter. MONECO Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 8.8% in the third quarter. MONECO Advisors LLC now owns 5,665 shares of the company’s stock worth $581,000 after purchasing an additional 459 shares during the period. Hunter Associates Investment Management LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 12.6% in the third quarter. Hunter Associates Investment Management LLC now owns 79,306 shares of the company’s stock worth $8,143,000 after buying an additional 8,904 shares in the last quarter. Finally, Concord Wealth Partners raised its position in shares of Invesco S&P MidCap Quality ETF by 4.6% in the third quarter. Concord Wealth Partners now owns 60,379 shares of the company’s stock worth $6,194,000 after buying an additional 2,628 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 1.2 %

Invesco S&P MidCap Quality ETF stock opened at $98.86 on Friday. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business has a 50-day simple moving average of $100.94 and a 200 day simple moving average of $101.53. Invesco S&P MidCap Quality ETF has a 52 week low of $75.92 and a 52 week high of $110.61.

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.