Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Short Interest Down 66.3% in May

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 23,363 shares, a decrease of 66.3% from the April 30th total of 69,397 shares. Based on an average daily volume of 173,367 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Invesco S&P MidCap Quality ETF Stock Up 0.5%

XMHQ stock traded up $0.50 during trading on Monday, reaching $111.16. The stock had a trading volume of 186,542 shares, compared to its average volume of 232,811. Invesco S&P MidCap Quality ETF has a one year low of $95.07 and a one year high of $112.49. The company’s 50 day moving average is $106.69 and its two-hundred day moving average is $105.64. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of XMHQ. Atlantic Union Bankshares Corp lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 13.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 225,703 shares of the company’s stock worth $23,690,000 after acquiring an additional 26,165 shares during the last quarter. Equitable Trust Co. bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth $9,283,000. Hunter Associates Investment Management LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.1% during the 4th quarter. Hunter Associates Investment Management LLC now owns 160,795 shares of the company’s stock worth $16,460,000 after acquiring an additional 10,637 shares during the last quarter. NBZ Investment Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 11.6% during the 3rd quarter. NBZ Investment Advisors LLC now owns 111,767 shares of the company’s stock worth $11,731,000 after acquiring an additional 11,642 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 5.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 107,474 shares of the company’s stock worth $11,280,000 after acquiring an additional 5,921 shares during the last quarter.

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.