Short Interest in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Expands By 43.6%

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 88,136 shares, an increase of 43.6% from the February 12th total of 61,386 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 279,413 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 279,413 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Invesco S&P MidCap Quality ETF Trading Up 0.1%

XMHQ stock opened at $102.06 on Friday. The firm has a 50-day moving average price of $107.15 and a 200-day moving average price of $104.93. Invesco S&P MidCap Quality ETF has a 12 month low of $80.60 and a 12 month high of $109.79. The stock has a market capitalization of $5.04 billion, a P/E ratio of 16.29 and a beta of 1.04.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in XMHQ. DORVAL Corp grew its stake 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 worth $1,394,000 after buying an additional 98 shares during the last quarter. MONECO Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 1.6% during the third quarter. MONECO Advisors LLC now owns 6,272 shares of the company’s stock worth $658,000 after buying an additional 101 shares in the last quarter. Pacific Sun Financial Corp lifted its stake in shares of Invesco S&P MidCap Quality ETF by 1.1% in the 3rd quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock valued at $1,106,000 after acquiring an additional 111 shares during the last quarter. Csenge Advisory Group lifted its stake in shares of Invesco S&P MidCap Quality ETF by 1.7% in the 3rd quarter. Csenge Advisory Group now owns 7,265 shares of the company’s stock valued at $763,000 after acquiring an additional 119 shares during the last quarter. Finally, Narus Financial Partners LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 3.3% during the 4th quarter. Narus Financial Partners LLC now owns 3,948 shares of the company’s stock valued at $404,000 after acquiring an additional 126 shares in 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.