Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV – Get Free Report) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 10,440 shares, a growth of 212.2% from the July 30th total of 3,344 shares. Based on an average daily trading volume, of 4,209 shares, the short-interest ratio is presently 2.5 days. Approximately 0.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in Invesco S&P SmallCap Low Volatility ETF in the 1st quarter valued at about $211,000. Invesco Ltd. grew its position in shares of Invesco S&P SmallCap Low Volatility ETF by 14.3% during the second quarter. Invesco Ltd. now owns 6,782 shares of the company’s stock worth $309,000 after buying an additional 846 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Invesco S&P SmallCap Low Volatility ETF by 2.7% during the second quarter. Raymond James Financial Inc. now owns 27,028 shares of the company’s stock worth $1,231,000 after buying an additional 705 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 12.4% during the second quarter. Ameriprise Financial Inc. now owns 21,411 shares of the company’s stock worth $975,000 after buying an additional 2,362 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 86.6% during the second quarter. Bank of America Corp DE now owns 202,000 shares of the company’s stock worth $9,201,000 after buying an additional 93,752 shares during the period.
Invesco S&P SmallCap Low Volatility ETF Stock Performance
Shares of NYSEARCA:XSLV traded down $0.31 during trading on Thursday, hitting $52.77. The company’s stock had a trading volume of 155,478 shares, compared to its average volume of 10,375. The business has a 50 day moving average price of $53.04 and a two-hundred day moving average price of $50.54. The company has a market capitalization of $243.27 million, a PE ratio of 17.66 and a beta of 0.73. Invesco S&P SmallCap Low Volatility ETF has a fifty-two week low of $44.32 and a fifty-two week high of $54.55.
About Invesco S&P SmallCap Low Volatility ETF
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.
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