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

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 51,859 shares, an increase of 168.0% from the January 15th total of 19,351 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 249,940 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 249,940 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Invesco S&P MidCap Quality ETF Stock Up 1.0%

Shares of NYSEARCA:XMHQ traded up $1.02 on Friday, reaching $107.29. 397,047 shares of the company’s stock were exchanged, compared to its average volume of 270,382. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $109.79. The business’s 50-day moving average is $106.07 and its two-hundred day moving average is $104.35. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

Institutional Trading of Invesco S&P MidCap Quality ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp lifted its stake in Invesco S&P MidCap Quality ETF by 13.1% in the third quarter. Atlantic Union Bankshares Corp now owns 225,703 shares of the company’s stock valued at $23,690,000 after acquiring an additional 26,165 shares during the last quarter. Creative Planning raised its holdings in Invesco S&P MidCap Quality ETF by 8.8% during the second quarter. Creative Planning now owns 19,517 shares of the company’s stock valued at $1,917,000 after buying an additional 1,571 shares in the last quarter. American National Bank of Texas bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth about $3,788,000. Flow Traders U.S. LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 138.6% during the 2nd quarter. Flow Traders U.S. LLC now owns 16,782 shares of the company’s stock valued at $1,649,000 after acquiring an additional 9,748 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of Invesco S&P MidCap Quality ETF by 7.0% in the 2nd quarter. Avantax Advisory Services Inc. now owns 316,369 shares of the company’s stock valued at $31,080,000 after acquiring an additional 20,756 shares in the last quarter.

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.