Short Interest in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Declines By 80.0%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 861 shares, a drop of 80.0% from the May 31st total of 4,311 shares. Based on an average daily trading volume, of 19,810 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

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

Several large investors have recently added to or reduced their stakes in IDLV. Bank of New York Mellon Corp grew its stake in shares of Invesco S&P International Developed Low Volatility ETF by 46.9% in the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock worth $52,142,000 after acquiring an additional 483,277 shares in the last quarter. Jane Street Group LLC increased its position in shares of Invesco S&P International Developed Low Volatility ETF by 1,471.6% in the 2nd quarter. Jane Street Group LLC now owns 268,928 shares of the company’s stock valued at $8,908,000 after purchasing an additional 251,816 shares during the last quarter. UMB Bank n.a. acquired a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the 4th quarter valued at $8,312,000. Bank of America Corp DE lifted its position in shares of Invesco S&P International Developed Low Volatility ETF by 219.3% during the 2nd quarter. Bank of America Corp DE now owns 335,346 shares of the company’s stock worth $11,108,000 after purchasing an additional 230,316 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Invesco S&P International Developed Low Volatility ETF by 75.8% during the fourth quarter. Royal Bank of Canada now owns 394,420 shares of the company’s stock worth $13,371,000 after purchasing an additional 170,030 shares in the last quarter.

Invesco S&P International Developed Low Volatility ETF Stock Up 0.6%

IDLV traded up $0.20 during trading on Friday, reaching $34.58. The company had a trading volume of 42,789 shares, compared to its average volume of 44,519. The business has a 50 day simple moving average of $35.01 and a 200-day simple moving average of $34.93. Invesco S&P International Developed Low Volatility ETF has a 52 week low of $32.50 and a 52 week high of $36.97. The stock has a market cap of $363.09 million, a P/E ratio of 17.78 and a beta of 0.50.

Invesco S&P International Developed Low Volatility ETF Company Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.