Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Sees Significant Decrease in Short Interest

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,311 shares, a decline of 45.0% from the May 14th total of 7,834 shares. Based on an average daily volume of 37,080 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco S&P International Developed Low Volatility ETF Price Performance

IDLV stock traded down $0.10 during mid-day trading on Monday, hitting $35.10. 11,861 shares of the stock were exchanged, compared to its average volume of 45,777. The business has a fifty day moving average price of $35.16 and a 200 day moving average price of $34.90. Invesco S&P International Developed Low Volatility ETF has a 12 month low of $32.14 and a 12 month high of $36.97. The stock has a market capitalization of $368.55 million, a price-to-earnings ratio of 17.78 and a beta of 0.50.

Institutional Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P International Developed Low Volatility ETF by 197.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 240,131 shares of the company’s stock worth $8,140,000 after purchasing an additional 159,455 shares during the last quarter. PFG Advisors lifted its stake in Invesco S&P International Developed Low Volatility ETF by 5.8% during the third quarter. PFG Advisors now owns 305,952 shares of the company’s stock worth $10,249,000 after purchasing an additional 16,782 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P International Developed Low Volatility ETF by 3.2% during the third quarter. Envestnet Asset Management Inc. now owns 79,455 shares of the company’s stock worth $2,662,000 after purchasing an additional 2,444 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Invesco S&P International Developed Low Volatility ETF by 2.6% during the third quarter. PNC Financial Services Group Inc. now owns 79,614 shares of the company’s stock worth $2,667,000 after purchasing an additional 1,990 shares during the last quarter. Finally, WealthBridge Capital Management LLC lifted its stake in Invesco S&P International Developed Low Volatility ETF by 13.4% during the third quarter. WealthBridge Capital Management LLC now owns 14,545 shares of the company’s stock worth $487,000 after purchasing an additional 1,715 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Company Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.