Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Sees Large Increase in Short Interest

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 12,553 shares, a growth of 1,358.0% from the June 15th total of 861 shares. Based on an average daily trading volume, of 23,952 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in Invesco S&P International Developed Low Volatility ETF by 46.9% in the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after purchasing an additional 483,277 shares during the period. Whitaker Myers Wealth Managers LTD. boosted its holdings in Invesco S&P International Developed Low Volatility ETF by 12.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock valued at $17,630,000 after acquiring an additional 56,755 shares during the last quarter. Royal Bank of Canada raised its holdings in Invesco S&P International Developed Low Volatility ETF by 75.8% during the 4th quarter. Royal Bank of Canada now owns 394,420 shares of the company’s stock worth $13,371,000 after purchasing an additional 170,030 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P International Developed Low Volatility ETF by 219.3% in the 2nd quarter. Bank of America Corp DE now owns 335,346 shares of the company’s stock worth $11,108,000 after purchasing an additional 230,316 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of Invesco S&P International Developed Low Volatility ETF by 8.0% in the 3rd quarter. Raymond James Financial Inc. now owns 282,459 shares of the company’s stock worth $9,462,000 after purchasing an additional 20,829 shares during the period.

Invesco S&P International Developed Low Volatility ETF Trading Up 0.3%

Invesco S&P International Developed Low Volatility ETF stock traded up $0.11 during midday trading on Friday, reaching $35.08. The company’s stock had a trading volume of 5,883 shares, compared to its average volume of 42,800. Invesco S&P International Developed Low Volatility ETF has a 52 week low of $32.50 and a 52 week high of $36.97. The business has a 50-day moving average price of $34.90 and a 200-day moving average price of $34.98. The stock has a market cap of $342.03 million, a PE ratio of 17.78 and a beta of 0.50.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.