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 growth in short interest in the month of February. As of February 27th, there was short interest totaling 88,136 shares, a growth of 43.6% from the February 12th total of 61,386 shares. Based on an average daily volume of 279,413 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 279,413 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco S&P MidCap Quality ETF

Several hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 127.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 93.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management acquired a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth $33,000. Root Financial Partners LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at $36,000. Finally, Optima Capital LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at $37,000.

Invesco S&P MidCap Quality ETF Trading Up 0.1%

Shares of Invesco S&P MidCap Quality ETF stock opened at $102.06 on Monday. Invesco S&P MidCap Quality ETF has a twelve month low of $80.60 and a twelve month high of $109.79. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. The company has a fifty day moving average price of $107.15 and a 200 day moving average price of $104.93.

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.