Sax Wealth Advisors LLC Purchases 27,828 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Sax Wealth Advisors LLC lifted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 17.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 191,398 shares of the company’s stock after buying an additional 27,828 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 0.9% of Sax Wealth Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Sax Wealth Advisors LLC owned 0.39% of Invesco S&P MidCap Quality ETF worth $19,603,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. lifted its holdings in Invesco S&P MidCap Quality ETF by 127.2% during the third quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the period. Root Financial Partners LLC purchased a new position in Invesco S&P MidCap Quality ETF in the third quarter worth $36,000. Clearstead Trust LLC grew its stake in Invesco S&P MidCap Quality ETF by 276.7% in the 3rd quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after purchasing an additional 285 shares during the period. Asset Dedication LLC bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at $41,000. Finally, Russell Investments Group Ltd. increased its position in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after purchasing an additional 412 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $103.81 on Thursday. The firm has a market cap of $5.13 billion, a PE ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The stock has a fifty day moving average price of $106.41 and a 200-day moving average price of $104.79.

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.