Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Get Free Report) saw a significant 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. Based on an average daily volume of 189,710 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Invesco S&P MidCap Quality ETF Price Performance
XMHQ stock traded down $0.09 during mid-day trading on Wednesday, hitting $112.79. 338,206 shares of the stock were exchanged, compared to its average volume of 225,319. The business has a fifty day moving average price of $109.63 and a 200 day moving average price of $107.11. Invesco S&P MidCap Quality ETF has a 12 month low of $97.49 and a 12 month high of $113.94. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. DORVAL Corp increased its holdings in shares of Invesco S&P MidCap Quality ETF by 0.7% during the fourth quarter. DORVAL Corp now owns 13,612 shares of the company’s stock valued at $1,394,000 after acquiring an additional 98 shares in the last quarter. Waverly Advisors LLC grew its position in Invesco S&P MidCap Quality ETF by 0.4% during the 1st quarter. Waverly Advisors LLC now owns 27,762 shares of the company’s stock valued at $2,870,000 after purchasing an additional 99 shares during the last quarter. Pacific Sun Financial Corp increased its stake in Invesco S&P MidCap Quality ETF by 1.1% during the 3rd quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock valued at $1,106,000 after purchasing an additional 111 shares in the last quarter. Centaurus Financial Inc. increased its stake in Invesco S&P MidCap Quality ETF by 1.1% during the 1st quarter. Centaurus Financial Inc. now owns 11,432 shares of the company’s stock valued at $1,182,000 after purchasing an additional 124 shares in the last quarter. Finally, Narus Financial Partners LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF by 3.3% during the fourth quarter. Narus Financial Partners LLC now owns 3,948 shares of the company’s stock valued at $404,000 after buying an additional 126 shares during the last quarter.
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.
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