Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Stock Crosses Below 200-Day Moving Average – What’s Next?

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV)’s share price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $50.32 and traded as low as $50.06. Invesco S&P SmallCap Low Volatility ETF shares last traded at $50.27, with a volume of 3,804 shares traded.

Invesco S&P SmallCap Low Volatility ETF Price Performance

The firm has a market cap of $233.76 million, a PE ratio of 17.66 and a beta of 0.74. The business has a fifty day moving average price of $50.83 and a two-hundred day moving average price of $50.32.

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

Large investors have recently made changes to their positions in the business. CX Institutional increased its stake in Invesco S&P SmallCap Low Volatility ETF by 47,364.7% in the 3rd quarter. CX Institutional now owns 153,311 shares of the company’s stock valued at $7,504,000 after buying an additional 152,988 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Invesco S&P SmallCap Low Volatility ETF in the 2nd quarter worth approximately $58,000. NewEdge Advisors LLC boosted its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 134.1% during the 2nd quarter. NewEdge Advisors LLC now owns 6,312 shares of the company’s stock valued at $331,000 after buying an additional 3,616 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Low Volatility ETF during the 2nd quarter valued at $405,000. Finally, RDA Financial Network raised its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 7.7% during the second quarter. RDA Financial Network now owns 4,713 shares of the company’s stock worth $247,000 after acquiring an additional 335 shares in the last quarter.

Invesco S&P SmallCap Low Volatility ETF Company Profile

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.