Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Update

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 10,967 shares, a growth of 72.1% from the July 30th total of 6,374 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,593 shares, the days-to-cover ratio is currently 0.9 days.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.2%

XMLV opened at $67.23 on Wednesday. The company’s fifty day moving average price is $67.89 and its two-hundred day moving average price is $66.03. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $60.96 and a 1-year high of $70.21. The company has a market cap of $733.48 million, a price-to-earnings ratio of 18.75 and a beta of 0.68.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its position in Invesco S&P MidCap Low Volatility ETF by 12.5% in the 1st quarter. Royal Bank of Canada now owns 91,397 shares of the company’s stock valued at $5,641,000 after acquiring an additional 10,181 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Invesco S&P MidCap Low Volatility ETF by 254.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 451 shares in the last quarter. Creative Planning raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 6.3% in the second quarter. Creative Planning now owns 5,634 shares of the company’s stock worth $347,000 after purchasing an additional 336 shares during the last quarter. Invesco Ltd. raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 5.3% in the second quarter. Invesco Ltd. now owns 7,012 shares of the company’s stock worth $432,000 after purchasing an additional 354 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the second quarter worth approximately $53,000.

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.