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

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 10,913 shares, a decrease of 39.1% from the September 30th total of 17,928 shares. Based on an average daily trading volume, of 18,508 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

Invesco S&P MidCap Low Volatility ETF Stock Up 0.1%

NYSEARCA:XMLV opened at $66.05 on Friday. The firm has a 50 day moving average of $65.44 and a 200 day moving average of $65.68. The stock has a market capitalization of $726.55 million, a price-to-earnings ratio of 18.75 and a beta of 0.68. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $60.96 and a 52 week high of $70.21.

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

Institutional investors have recently modified their holdings of the business. Laurel Wealth Advisors LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF during the third quarter worth $40,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Low Volatility ETF in the 1st quarter worth about $71,000. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the second quarter valued at $122,000. SRH Advisors LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at approximately $173,000. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the third quarter valued at approximately $254,000.

Invesco S&P MidCap Low Volatility ETF Company Profile

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.