Short Interest in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Decreases By 41.8%

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 13,601 shares, a decline of 41.8% from the May 14th total of 23,363 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 219,382 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco S&P MidCap Quality ETF

Institutional investors have recently added to or reduced their stakes in the business. Equitable Trust Co. purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $9,283,000. Hunter Associates Investment Management LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 7.1% during the 4th quarter. Hunter Associates Investment Management LLC now owns 160,795 shares of the company’s stock worth $16,460,000 after acquiring an additional 10,637 shares in the last quarter. NBZ Investment Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 11.6% during the 3rd quarter. NBZ Investment Advisors LLC now owns 111,767 shares of the company’s stock worth $11,731,000 after acquiring an additional 11,642 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 5.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 107,474 shares of the company’s stock worth $11,280,000 after acquiring an additional 5,921 shares in the last quarter. Finally, Ethos Capital Management Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $1,156,000.

Invesco S&P MidCap Quality ETF Stock Up 0.4%

Shares of XMHQ stock opened at $111.30 on Friday. Invesco S&P MidCap Quality ETF has a 52-week low of $95.07 and a 52-week high of $113.29. The stock’s 50-day moving average price is $108.44 and its 200 day moving average price is $106.34. The stock has a market capitalization of $5.37 billion, a PE ratio of 16.29 and a beta of 0.98.

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.