Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Trading Down 0.7% – Should You Sell?

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV)’s share price was down 0.7% during mid-day trading on Thursday . The company traded as low as $29.00 and last traded at $29.00. Approximately 49,030 shares traded hands during trading, a decline of 21% from the average daily volume of 61,885 shares. The stock had previously closed at $29.20.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

The business has a 50 day moving average of $27.87 and a two-hundred day moving average of $27.03. The firm has a market capitalization of $443.70 million, a price-to-earnings ratio of 12.64 and a beta of 0.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SteelPeak Wealth LLC boosted its holdings in shares of Invesco S&P Emerging Markets Low Volatility ETF by 3.5% in the 2nd quarter. SteelPeak Wealth LLC now owns 14,634 shares of the company’s stock worth $382,000 after purchasing an additional 497 shares in the last quarter. Antonelli Financial Advisors LLC raised its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 5.2% in the 2nd quarter. Antonelli Financial Advisors LLC now owns 152,271 shares of the company’s stock worth $3,977,000 after purchasing an additional 7,499 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 16.0% in the second quarter. Axxcess Wealth Management LLC now owns 11,800 shares of the company’s stock worth $308,000 after buying an additional 1,624 shares during the period. RFG Advisory LLC boosted its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 7.0% during the second quarter. RFG Advisory LLC now owns 25,588 shares of the company’s stock valued at $668,000 after purchasing an additional 1,671 shares in the last quarter. Finally, Atria Investments Inc grew its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 3.1% in the 2nd quarter. Atria Investments Inc now owns 27,624 shares of the company’s stock worth $722,000 after buying an additional 840 shares during the period.

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.