Short Interest in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Expands By 504.5%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 12,072 shares, a growth of 504.5% from the December 15th total of 1,997 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 42,905 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 42,905 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XMLV. DHJJ Financial Advisors Ltd. purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF in the second quarter worth approximately $32,000. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 451 shares in the last quarter. Larson Financial Group LLC boosted its position 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 period. Wealth Watch Advisors INC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the third quarter worth $52,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter worth about $53,000.

Invesco S&P MidCap Low Volatility ETF Trading Up 1.0%

NYSEARCA:XMLV traded up $0.65 during mid-day trading on Wednesday, hitting $64.13. The stock had a trading volume of 34,530 shares, compared to its average volume of 31,586. The company has a 50 day simple moving average of $62.93 and a 200-day simple moving average of $62.79. The stock has a market capitalization of $767.58 million, a price-to-earnings ratio of 18.75 and a beta of 0.76. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $54.58 and a 52 week high of $64.50.

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.