Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Shares Down 0.7% – Should You Sell?

Shares of Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) dropped 0.7% on Thursday . The stock traded as low as $29.00 and last traded at $29.00. Approximately 49,030 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 61,885 shares. The stock had previously closed at $29.20.

Invesco S&P Emerging Markets Low Volatility ETF Trading Up 1.5%

The stock has a market cap of $450.28 million, a PE ratio of 12.64 and a beta of 0.49. The company’s 50 day moving average is $27.91 and its 200-day moving average is $27.05.

Institutional Investors Weigh In On Invesco S&P Emerging Markets Low Volatility ETF

A number of hedge funds have recently bought and sold shares of EELV. Smartleaf Asset Management LLC raised its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 135.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the company’s stock valued at $34,000 after purchasing an additional 742 shares in the last quarter. Strategic Advocates LLC bought a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF in the third quarter worth $37,000. LOM Asset Management Ltd increased its stake in shares of Invesco S&P Emerging Markets Low Volatility ETF by 30.8% in the third quarter. LOM Asset Management Ltd now owns 1,700 shares of the company’s stock worth $45,000 after buying an additional 400 shares during the last quarter. Comerica Bank raised its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 23.6% in the fourth quarter. Comerica Bank now owns 1,956 shares of the company’s stock valued at $54,000 after acquiring an additional 373 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in Invesco S&P Emerging Markets Low Volatility ETF during the 3rd quarter valued at $57,000.

Invesco S&P Emerging Markets Low Volatility ETF Company Profile

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.