Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Sees Large Growth in Short Interest
by Doug Wharley · The Cerbat GemInvesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Get Free Report) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 29,158 shares, an increase of 149.6% from the November 30th total of 11,682 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 207,908 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 207,908 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Trading of Invesco S&P MidCap Quality ETF
A number of hedge funds have recently bought and sold shares of XMHQ. Creative Planning raised its stake in Invesco S&P MidCap Quality ETF by 8.8% during the 2nd quarter. Creative Planning now owns 19,517 shares of the company’s stock valued at $1,917,000 after purchasing an additional 1,571 shares during the period. American National Bank of Texas purchased a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at $3,788,000. Flow Traders U.S. LLC raised its position in Invesco S&P MidCap Quality ETF by 138.6% during the second quarter. Flow Traders U.S. LLC now owns 16,782 shares of the company’s stock valued at $1,649,000 after buying an additional 9,748 shares during the period. Hsbc Holdings PLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter worth about $240,000. Finally, Avantax Advisory Services Inc. lifted its stake in 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 worth $31,080,000 after acquiring an additional 20,756 shares in the last quarter.
Invesco S&P MidCap Quality ETF Trading Down 0.1%
Shares of Invesco S&P MidCap Quality ETF stock traded down $0.08 on Friday, reaching $104.70. 111,976 shares of the company were exchanged, compared to its average volume of 341,584. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $107.19. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. The stock has a fifty day moving average price of $102.82 and a 200-day moving average price of $102.45.
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.