Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys Shares of 2,379 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,379 shares of the company’s stock, valued at approximately $231,000.

A number of other large investors also recently modified their holdings of XMHQ. Cape Investment Advisory Inc. purchased a new position in Invesco S&P MidCap Quality ETF during the first quarter worth about $32,000. Sage Mountain Advisors LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter worth approximately $52,000. Glassman Wealth Services purchased a new stake in Invesco S&P MidCap Quality ETF in the first quarter valued at approximately $56,000. Spire Wealth Management bought a new stake in Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $65,000. Finally, Jones Financial Companies Lllp purchased a new position in Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $57,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $101.84 on Friday. The company’s fifty day moving average price is $98.88 and its 200-day moving average price is $102.66. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a one year low of $75.29 and a one 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.