Compass Ion Advisors LLC Makes New $263,000 Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Compass Ion Advisors LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the third quarter, Holdings Channel reports. The institutional investor acquired 2,559 shares of the company’s stock, valued at approximately $263,000.

Several other hedge funds have also modified their holdings of the stock. NBC Securities Inc. acquired a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at approximately $31,000. Cape Investment Advisory Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 1st quarter worth $32,000. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter worth $54,000. Glassman Wealth Services purchased a new position in Invesco S&P MidCap Quality ETF in the first quarter valued at $56,000. Finally, CWM LLC raised its stake in Invesco S&P MidCap Quality ETF by 20.3% in the second quarter. CWM LLC now owns 712 shares of the company’s stock valued at $69,000 after buying an additional 120 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $105.13 on Monday. The business has a 50-day moving average of $100.50 and a two-hundred day moving average of $101.88. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year 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.