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

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 25,295 shares, an increase of 86.0% from the May 31st total of 13,601 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 189,710 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco S&P MidCap Quality ETF

A number of institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its position in Invesco S&P MidCap Quality ETF by 93.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after acquiring an additional 146 shares in the last quarter. SHP Wealth Management bought a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at $33,000. Optima Capital LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter valued at about $37,000. Russell Investments Group Ltd. raised its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after acquiring an additional 412 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $44,000.

Invesco S&P MidCap Quality ETF Trading Up 0.5%

NYSEARCA XMHQ traded up $0.54 during trading on Thursday, hitting $113.33. The company had a trading volume of 125,210 shares, compared to its average volume of 224,518. The company’s fifty day moving average is $109.71 and its 200-day moving average is $107.17. Invesco S&P MidCap Quality ETF has a one year low of $97.49 and a one year high of $114.23. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.