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

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 25,295 shares, a growth of 86.0% from the May 31st total of 13,601 shares. Based on an average daily volume of 189,710 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Invesco S&P MidCap Quality ETF

Several hedge funds have recently made changes to their positions in the business. Jane Street Group LLC bought a new stake in Invesco S&P MidCap Quality ETF during the first quarter worth approximately $1,793,000. Cresset Asset Management LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $201,000. Qube Research & Technologies Ltd purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $44,000. Betterment LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 16.2% during the 2nd quarter. Betterment LLC now owns 2,755 shares of the company’s stock valued at $271,000 after purchasing an additional 385 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Invesco S&P MidCap Quality ETF by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after purchasing an additional 83,853 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock remained flat at $113.33 during mid-day trading on Friday. 125,210 shares of the company were exchanged, compared to its average volume of 224,518. Invesco S&P MidCap Quality ETF has a 52 week low of $97.49 and a 52 week high of $114.23. The firm’s 50-day moving average price is $109.81 and its 200 day moving average price is $107.24. The stock has a market capitalization of $5.44 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.