Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV – Get Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 10,440 shares, a growth of 212.2% from the July 30th total of 3,344 shares. Based on an average daily volume of 4,209 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.2% of the shares of the company are sold short.
Institutional Investors Weigh In On Invesco S&P SmallCap Low Volatility ETF
Several institutional investors and hedge funds have recently bought and sold shares of XSLV. RDA Financial Network lifted its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 7.7% during the 2nd quarter. RDA Financial Network now owns 4,713 shares of the company’s stock worth $247,000 after acquiring an additional 335 shares during the period. Western Wealth Management LLC bought a new stake in Invesco S&P SmallCap Low Volatility ETF in the first quarter valued at about $33,000. Cetera Investment Advisers increased its stake in Invesco S&P SmallCap Low Volatility ETF by 3.5% in the first quarter. Cetera Investment Advisers now owns 59,171 shares of the company’s stock valued at $2,793,000 after acquiring an additional 2,010 shares during the period. Fifth Third Bancorp acquired a new position in Invesco S&P SmallCap Low Volatility ETF in the first quarter worth about $121,000. Finally, Eagle Bluffs Wealth Management LLC raised its position in Invesco S&P SmallCap Low Volatility ETF by 5.0% in the first quarter. Eagle Bluffs Wealth Management LLC now owns 97,872 shares of the company’s stock worth $4,619,000 after purchasing an additional 4,688 shares in the last quarter.
Invesco S&P SmallCap Low Volatility ETF Price Performance
Shares of NYSEARCA XSLV traded down $0.02 during trading hours on Friday, reaching $52.76. The stock had a trading volume of 5,941 shares, compared to its average volume of 10,354. The business’s fifty day moving average is $53.08 and its two-hundred day moving average is $50.56. The company has a market cap of $243.22 million, a price-to-earnings ratio of 17.66 and a beta of 0.73. Invesco S&P SmallCap Low Volatility ETF has a twelve month low of $44.32 and a twelve month high of $54.55.
About Invesco S&P SmallCap Low Volatility ETF
The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.
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