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 December. As of December 31st, there was short interest totaling 96,551 shares, an increase of 231.1% from the December 15th total of 29,158 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 201,098 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 201,098 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Hazlett Burt & Watson Inc. increased its position in shares of 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 valued at $27,000 after acquiring an additional 145 shares during the last quarter. Root Financial Partners LLC purchased a new position in Invesco S&P MidCap Quality ETF in the third quarter worth $36,000. Asset Dedication LLC bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at $41,000. Clearstead Trust LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 276.7% during 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 last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $44,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ traded down $0.29 during midday trading on Tuesday, hitting $107.12. 288,176 shares of the stock traded hands, compared to its average volume of 246,942. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $107.88. The business has a 50 day moving average price of $103.03 and a two-hundred day moving average price of $103.14. The company has a market cap of $5.30 billion, a PE 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.