Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Get Free Report) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 3,157,097 shares, a drop of 20.7% from the February 12th total of 3,983,543 shares. Based on an average trading volume of 3,359,850 shares, the short-interest ratio is currently 0.9 days. Approximately 3.1% of the company’s stock are sold short. Approximately 3.1% of the company’s stock are sold short. Based on an average trading volume of 3,359,850 shares, the short-interest ratio is currently 0.9 days.
Institutional Trading of Invesco S&P 500 Low Volatility ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of SPLV. Truvestments Capital LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the 4th quarter worth about $29,000. Ulland Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 112.5% during the 3rd quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock valued at $31,000 after acquiring an additional 225 shares during the last quarter. Bangor Savings Bank grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 681.0% during the third quarter. Bangor Savings Bank now owns 453 shares of the company’s stock worth $33,000 after purchasing an additional 395 shares in the last quarter. Founders Financial Alliance LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth about $36,000. Finally, Kingdom Financial Group LLC. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth $45,000.
Invesco S&P 500 Low Volatility ETF Stock Performance
SPLV traded up $0.24 during midday trading on Friday, reaching $74.80. The company had a trading volume of 3,481,734 shares, compared to its average volume of 4,057,804. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $77.74. The business has a 50-day moving average price of $74.38 and a two-hundred day moving average price of $72.95. The stock has a market cap of $7.65 billion, a PE ratio of 24.11 and a beta of 0.62.
Invesco S&P 500 Low Volatility ETF Cuts Dividend
Invesco S&P 500 Low Volatility ETF Company Profile
The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.
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