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

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,553 shares, an increase of 1,358.0% from the June 15th total of 861 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 23,952 shares, the short-interest ratio is currently 0.5 days.

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

Several large investors have recently modified their holdings of IDLV. Heck Capital Advisors LLC lifted its position in shares of Invesco S&P International Developed Low Volatility ETF by 1.3% in the 2nd quarter. Heck Capital Advisors LLC now owns 212,517 shares of the company’s stock worth $7,330,000 after purchasing an additional 2,663 shares during the period. Whitaker Myers Wealth Managers LTD. increased its holdings in Invesco S&P International Developed Low Volatility ETF by 12.5% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock valued at $17,630,000 after buying an additional 56,755 shares during the period. Bank of America Corp DE increased its holdings in Invesco S&P International Developed Low Volatility ETF by 11.9% during the first quarter. Bank of America Corp DE now owns 133,656 shares of the company’s stock valued at $4,605,000 after buying an additional 14,187 shares during the period. Arkadios Wealth Advisors bought a new position in Invesco S&P International Developed Low Volatility ETF in the first quarter worth approximately $384,000. Finally, PNC Financial Services Group Inc. raised its stake in Invesco S&P International Developed Low Volatility ETF by 4.0% in the first quarter. PNC Financial Services Group Inc. now owns 89,249 shares of the company’s stock worth $3,075,000 after buying an additional 3,467 shares in the last quarter.

Invesco S&P International Developed Low Volatility ETF Stock Up 0.3%

Shares of IDLV stock traded up $0.11 on Friday, hitting $35.08. The stock had a trading volume of 5,883 shares, compared to its average volume of 42,800. The business has a 50 day moving average price of $34.90 and a 200 day moving average price of $34.98. The company has a market cap of $335.01 million, a PE ratio of 17.78 and a beta of 0.50. Invesco S&P International Developed Low Volatility ETF has a one year low of $32.50 and a one year high of $36.97.

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.