Short Interest in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Increases By 72.1%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,967 shares, an increase of 72.1% from the July 30th total of 6,374 shares. Based on an average daily trading volume, of 12,593 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Hedge funds have recently added to or reduced their stakes in the company. Basepoint Wealth LLC bought a new stake in Invesco S&P MidCap Low Volatility ETF in the 4th quarter valued at about $29,000. Geneos Wealth Management Inc. raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 451 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% in the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after buying an additional 394 shares during the period. Wealth Watch Advisors INC bought a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the third quarter valued at approximately $52,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF during the second quarter worth approximately $53,000.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.0%

XMLV stock traded down $0.02 during mid-day trading on Tuesday, hitting $67.09. 30,391 shares of the company were exchanged, compared to its average volume of 23,126. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $60.96 and a 1-year high of $70.21. The stock has a market capitalization of $731.95 million, a PE ratio of 18.75 and a beta of 0.68. The business has a 50 day simple moving average of $67.85 and a 200-day simple moving average of $66.02.

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.