Sax Wealth Advisors LLC Acquires 14,046 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Sax Wealth Advisors LLC grew its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 163,570 shares of the company’s stock after buying an additional 14,046 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 0.9% of Sax Wealth Advisors LLC’s holdings, making the stock its 23rd biggest holding. Sax Wealth Advisors LLC owned 0.33% of Invesco S&P MidCap Quality ETF worth $17,168,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Enzi Wealth raised its position in Invesco S&P MidCap Quality ETF by 0.6% in the third quarter. Enzi Wealth now owns 106,874 shares of the company’s stock worth $11,108,000 after purchasing an additional 640 shares in the last quarter. Sowell Financial Services LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 1.8% in the 3rd quarter. Sowell Financial Services LLC now owns 114,382 shares of the company’s stock valued at $12,006,000 after purchasing an additional 1,996 shares during the period. Burns Matteson Capital Management LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 2.3% in the 3rd quarter. Burns Matteson Capital Management LLC now owns 61,036 shares of the company’s stock valued at $6,406,000 after purchasing an additional 1,374 shares during the period. Trust Co. of Toledo NA OH raised its holdings in shares of Invesco S&P MidCap Quality ETF by 9.1% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 174,793 shares of the company’s stock worth $18,346,000 after buying an additional 14,510 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 836.7% in the 3rd quarter. CWM LLC now owns 118,759 shares of the company’s stock worth $12,465,000 after buying an additional 106,081 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $103.67 on Wednesday. The stock’s fifty day simple moving average is $102.79 and its 200 day simple moving average is $102.58. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $107.19. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

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.