Short Interest in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Declines By 93.5%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 779 shares, a decline of 93.5% from the December 31st total of 12,072 shares. Based on an average daily trading volume, of 32,431 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,431 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Merit Financial Group LLC increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 3,691.3% during the fourth quarter. Merit Financial Group LLC now owns 136,222 shares of the company’s stock valued at $8,496,000 after buying an additional 132,629 shares during the period. CWM LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 4.8% during the 4th quarter. CWM LLC now owns 8,765 shares of the company’s stock valued at $547,000 after purchasing an additional 398 shares during the last quarter. DORVAL Corp grew its stake in shares of Invesco S&P MidCap Low Volatility ETF by 3.7% during the fourth quarter. DORVAL Corp now owns 254,042 shares of the company’s stock worth $15,844,000 after acquiring an additional 9,127 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 109.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,693 shares of the company’s stock valued at $168,000 after acquiring an additional 1,405 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 1.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 38,723 shares of the company’s stock valued at $2,415,000 after purchasing an additional 414 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.8%

Shares of NYSEARCA:XMLV traded down $0.52 during trading on Wednesday, reaching $63.50. The company’s stock had a trading volume of 27,756 shares, compared to its average volume of 28,809. The stock has a market capitalization of $751.84 million, a PE ratio of 18.75 and a beta of 0.76. Invesco S&P MidCap Low Volatility ETF has a 12 month low of $54.58 and a 12 month high of $64.94. The firm’s 50 day simple moving average is $63.25 and its two-hundred day simple moving average is $62.94.

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.