Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Short Interest Update

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 157,363 shares, an increase of 112.2% from the August 31st total of 74,160 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 148,677 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the second quarter worth $29,000. SHP Wealth Management bought a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at $33,000. PNC Financial Services Group Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 45.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after purchasing an additional 137 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 101.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 522 shares of the company’s stock valued at $53,000 after purchasing an additional 263 shares during the last quarter. Finally, Root Financial Partners LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 118.1% during the 4th quarter. Root Financial Partners LLC now owns 748 shares of the company’s stock valued at $77,000 after purchasing an additional 405 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock traded down $0.47 during trading hours on Tuesday, hitting $111.69. The company’s stock had a trading volume of 144,141 shares, compared to its average volume of 202,939. The company has a market cap of $5.34 billion, a PE ratio of 16.29 and a beta of 0.97. The business has a 50 day moving average price of $116.33 and a two-hundred day moving average price of $111.28. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $119.99.

Invesco S&P MidCap Quality ETF Company 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.