Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Stock Short Interest Report for September

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 65,555 shares, a drop of 58.3% from the September 15th total of 157,363 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 168,238 shares, the short-interest ratio is presently 0.4 days.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ traded down $0.98 during trading on Wednesday, reaching $113.70. 136,182 shares of the stock were exchanged, compared to its average volume of 202,404. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98. The stock has a fifty day moving average of $116.14 and a two-hundred day moving average of $112.09. Invesco S&P MidCap Quality ETF has a 1-year low of $97.49 and a 1-year high of $119.99.

Institutional Trading of Invesco S&P MidCap Quality ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Waverly Advisors LLC boosted its position in Invesco S&P MidCap Quality ETF by 1,592.6% in the second quarter. Waverly Advisors LLC now owns 469,902 shares of the company’s stock valued at $53,043,000 after buying an additional 442,140 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 2,705.6% in the second quarter. Integrated Wealth Concepts LLC now owns 99,569 shares of the company’s stock valued at $11,239,000 after purchasing an additional 96,020 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock valued at $144,975,000 after buying an additional 95,372 shares during the period. OLD National Bancorp IN acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 1st quarter valued at about $5,792,000. Finally, Sax Wealth Advisors LLC raised its position in Invesco S&P MidCap Quality ETF by 20.2% during the third quarter. Sax Wealth Advisors LLC now owns 224,293 shares of the company’s stock valued at $25,042,000 after acquiring an additional 37,674 shares in 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.