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 in the month of July. As of July 31st, there was short interest totaling 48,930 shares, a growth of 69.3% from the July 15th total of 28,900 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 185,157 shares, the short-interest ratio is presently 0.3 days.

Invesco S&P MidCap Quality ETF Trading Down 0.6%

XMHQ stock traded down $0.67 during midday trading on Tuesday, hitting $118.92. 62,674 shares of the company’s stock were exchanged, compared to its average volume of 211,533. Invesco S&P MidCap Quality ETF has a 1-year low of $97.49 and a 1-year high of $119.95. The stock has a market capitalization of $5.65 billion, a PE ratio of 16.29 and a beta of 0.97. The business has a 50-day simple moving average of $113.75 and a two-hundred day simple moving average of $109.32.

Institutional Trading of Invesco S&P MidCap Quality ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at about $29,000. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after acquiring an additional 146 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $33,000. Qube Research & Technologies Ltd purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $44,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the period.

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.