Invesco S&P SmallCap Quality ETF (BATS:XSHQ – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 11,362 shares, an increase of 92.5% from the August 31st total of 5,901 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 30,725 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P SmallCap Quality ETF by 4.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 483,883 shares of the company’s stock worth $20,369,000 after purchasing an additional 20,200 shares during the last quarter. Citadel Advisors LLC raised its position in shares of Invesco S&P SmallCap Quality ETF by 821.1% in the second quarter. Citadel Advisors LLC now owns 93,560 shares of the company’s stock valued at $4,524,000 after buying an additional 83,403 shares during the last quarter. Bank of America Corp DE raised its position in shares of Invesco S&P SmallCap Quality ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 77,823 shares of the company’s stock valued at $3,281,000 after buying an additional 2,697 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco S&P SmallCap Quality ETF by 8.6% in the first quarter. Cetera Investment Advisers now owns 46,272 shares of the company’s stock worth $1,951,000 after buying an additional 3,645 shares in the last quarter. Finally, Westmount Partners LLC purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the first quarter worth about $1,686,000.
Invesco S&P SmallCap Quality ETF Price Performance
Shares of BATS:XSHQ opened at $45.18 on Wednesday. The business’s 50 day moving average price is $47.75 and its 200-day moving average price is $46.17. The firm has a market capitalization of $358.28 million, a PE ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 1 year low of $40.02 and a 1 year high of $50.36.
Invesco S&P SmallCap Quality ETF Company Profile
The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.
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