Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Short Interest Up 248.9% in March

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 53,383 shares, an increase of 248.9% from the February 26th total of 15,301 shares. Based on an average daily volume of 79,434 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

Invesco S&P Emerging Markets Low Volatility ETF Trading Down 1.4%

Shares of NYSEARCA:EELV opened at $27.55 on Friday. The company has a 50 day moving average of $28.83 and a 200 day moving average of $27.65. Invesco S&P Emerging Markets Low Volatility ETF has a 12 month low of $22.35 and a 12 month high of $29.97. The stock has a market cap of $421.52 million, a P/E ratio of 12.64 and a beta of 0.49.

Institutional Investors Weigh In On Invesco S&P Emerging Markets Low Volatility ETF

Several hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P Emerging Markets Low Volatility ETF by 4,145.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,776,294 shares of the company’s stock worth $76,154,000 after purchasing an additional 2,710,894 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 1.3% in the third quarter. Envestnet Asset Management Inc. now owns 1,189,523 shares of the company’s stock valued at $31,662,000 after acquiring an additional 15,595 shares during the period. PNC Financial Services Group Inc. increased its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,137,248 shares of the company’s stock valued at $31,195,000 after purchasing an additional 18,525 shares during the period. LPL Financial LLC raised its holdings in shares of Invesco S&P Emerging Markets Low Volatility ETF by 20.8% during the fourth quarter. LPL Financial LLC now owns 900,180 shares of the company’s stock valued at $24,692,000 after acquiring an additional 155,125 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 14.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 780,746 shares of the company’s stock worth $20,393,000 after purchasing an additional 96,826 shares in the last quarter.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.