Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Significant Decline in Short Interest

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 8,937 shares, a decrease of 41.8% from the June 30th total of 15,365 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 21,424 shares, the short-interest ratio is currently 0.4 days.

Invesco S&P MidCap Low Volatility ETF Stock Down 1.2%

Shares of Invesco S&P MidCap Low Volatility ETF stock traded down $0.80 during trading hours on Thursday, hitting $68.64. 15,697 shares of the company’s stock traded hands, compared to its average volume of 22,931. Invesco S&P MidCap Low Volatility ETF has a twelve month low of $60.63 and a twelve month high of $70.21. The company has a market cap of $750.92 million, a PE ratio of 18.75 and a beta of 0.69. The stock has a 50 day simple moving average of $66.31 and a 200-day simple moving average of $65.42.

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

Hedge funds have recently bought and sold shares of the business. Basepoint Wealth LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $29,000. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at approximately $33,000. Geneos Wealth Management Inc. grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% during the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock worth $39,000 after buying an additional 451 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth approximately $40,000. Finally, Larson Financial Group LLC increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% in the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock worth $40,000 after buying an additional 394 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Company Profile

The Invesco S&P MidCap Low Volatility ETF (XMLV) is an exchange-traded fund that is based on the S&P MidCap 400 Low Volatility index. The fund tracks a volatility-weighted index of the 80 least volatile S&P 400 companies. XMLV was launched on Feb 15, 2013 and is managed by Invesco.