Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Short Interest Down 32.6% in August

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 5,901 shares, a decline of 32.6% from the August 15th total of 8,760 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 22,905 shares, the short-interest ratio is presently 0.3 days.

Invesco S&P SmallCap Quality ETF Price Performance

XSHQ stock opened at $45.91 on Friday. The business has a 50 day simple moving average of $48.07 and a 200-day simple moving average of $46.04. The firm has a market capitalization of $364.07 million, a PE ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 1 year low of $40.02 and a 1 year high of $50.36.

Institutional Trading of Invesco S&P SmallCap Quality ETF

Several large investors have recently added to or reduced their stakes in XSHQ. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P SmallCap Quality ETF by 4.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 483,883 shares of the company’s stock worth $20,369,000 after acquiring an additional 20,200 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Invesco S&P SmallCap Quality ETF by 821.1% in the second quarter. Citadel Advisors LLC now owns 93,560 shares of the company’s stock valued at $4,524,000 after purchasing an additional 83,403 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco S&P SmallCap Quality ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 77,823 shares of the company’s stock valued at $3,281,000 after purchasing an additional 2,697 shares during the period. Cetera Investment Advisers increased its position in Invesco S&P SmallCap Quality ETF by 8.6% during the first quarter. Cetera Investment Advisers now owns 46,272 shares of the company’s stock worth $1,951,000 after purchasing an additional 3,645 shares during the last quarter. Finally, Westmount Partners LLC purchased a new position in Invesco S&P SmallCap Quality ETF during the first quarter worth about $1,686,000.

Invesco S&P SmallCap Quality ETF Company Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.