Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Trading Up 0.4% – Time to Buy?

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)’s stock price traded up 0.4% during trading on Monday . The company traded as high as $34.11 and last traded at $33.95. 23,326 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 51,055 shares. The stock had previously closed at $33.83.

Invesco S&P International Developed Low Volatility ETF Stock Performance

The business has a 50-day simple moving average of $35.36 and a two-hundred day simple moving average of $34.28. The company has a market capitalization of $330.03 million, a price-to-earnings ratio of 17.78 and a beta of 0.54.

Hedge Funds Weigh In On Invesco S&P International Developed Low Volatility ETF

A number of large investors have recently bought and sold shares of IDLV. AQR Capital Management LLC lifted its position in Invesco S&P International Developed Low Volatility ETF by 1.2% in the first quarter. AQR Capital Management LLC now owns 98,766 shares of the company’s stock valued at $2,995,000 after purchasing an additional 1,126 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco S&P International Developed Low Volatility ETF by 205.1% during the 2nd quarter. Cetera Investment Advisers now owns 46,100 shares of the company’s stock worth $1,527,000 after buying an additional 30,989 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the 2nd quarter valued at approximately $720,000. Flow Traders U.S. LLC lifted its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 1,410.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 139,230 shares of the company’s stock valued at $4,612,000 after buying an additional 130,010 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of Invesco S&P International Developed Low Volatility ETF by 127.7% in the second quarter. Raymond James Financial Inc. now owns 261,630 shares of the company’s stock valued at $8,667,000 after buying an additional 146,722 shares in 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.