Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Sees Significant Growth in Short Interest

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 18,020 shares, a growth of 89.4% from the December 15th total of 9,512 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 59,776 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 59,776 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Fermata Advisors LLC grew its holdings in shares of Invesco S&P Emerging Markets Low Volatility ETF by 31.9% during the third quarter. Fermata Advisors LLC now owns 86,786 shares of the company’s stock worth $2,310,000 after buying an additional 20,979 shares in the last quarter. Snider Financial Group acquired a new position in Invesco S&P Emerging Markets Low Volatility ETF during the second quarter worth about $210,000. Antonelli Financial Advisors LLC grew its stake in Invesco S&P Emerging Markets Low Volatility ETF by 5.2% during the 2nd quarter. Antonelli Financial Advisors LLC now owns 152,271 shares of the company’s stock valued at $3,977,000 after acquiring an additional 7,499 shares in the last quarter. Ayalon Insurance Comp Ltd. raised its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 162.5% in the 2nd quarter. Ayalon Insurance Comp Ltd. now owns 9,047 shares of the company’s stock valued at $236,000 after acquiring an additional 5,600 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Invesco S&P Emerging Markets Low Volatility ETF by 16.0% in the 2nd quarter. Axxcess Wealth Management LLC now owns 11,800 shares of the company’s stock worth $308,000 after purchasing an additional 1,624 shares in the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Price Performance

EELV traded down $0.04 on Friday, hitting $28.09. The company had a trading volume of 48,550 shares, compared to its average volume of 65,732. Invesco S&P Emerging Markets Low Volatility ETF has a 52-week low of $22.35 and a 52-week high of $28.15. The stock has a fifty day simple moving average of $27.35 and a 200-day simple moving average of $26.77. The firm has a market capitalization of $429.78 million, a P/E ratio of 12.64 and a beta of 0.49.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.