Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Significant Drop in Short Interest

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 954 shares, a decrease of 22.0% from the January 29th total of 1,223 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 38,033 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 38,033 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco S&P MidCap Low Volatility ETF

Several institutional investors and hedge funds have recently bought and sold shares of XMLV. DORVAL Corp grew its position in Invesco S&P MidCap Low Volatility ETF by 4.6% during the third quarter. DORVAL Corp now owns 244,915 shares of the company’s stock valued at $15,567,000 after purchasing an additional 10,679 shares in the last quarter. Inspire Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the 2nd quarter valued at $243,000. Avid Wealth Partners LLC grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 5.8% during the 3rd quarter. Avid Wealth Partners LLC now owns 148,632 shares of the company’s stock valued at $9,447,000 after acquiring an additional 8,154 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 16.5% in the third quarter. Jones Financial Companies Lllp now owns 131,195 shares of the company’s stock worth $8,309,000 after acquiring an additional 18,570 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 25.5% during the second quarter. JPMorgan Chase & Co. now owns 140,226 shares of the company’s stock worth $8,648,000 after acquiring an additional 28,497 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Down 0.4%

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $66.70 on Monday. Invesco S&P MidCap Low Volatility ETF has a 12 month low of $54.58 and a 12 month high of $67.05. The stock has a market cap of $784.39 million, a PE ratio of 18.75 and a beta of 0.76. The business has a fifty day simple moving average of $64.49 and a 200-day simple moving average of $63.55.

About Invesco S&P MidCap Low Volatility ETF

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.