Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Short Interest Down 36.6% in August

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 14,805 shares, a drop of 36.6% from the August 15th total of 23,350 shares. Based on an average daily volume of 66,646 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in shares of 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 buying an additional 483,277 shares during the last quarter. Whitaker Myers Wealth Managers LTD. raised 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 worth $17,630,000 after purchasing an additional 56,755 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 197.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 240,131 shares of the company’s stock worth $8,140,000 after acquiring an additional 159,455 shares in the last quarter. Heck Capital Advisors LLC lifted its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 1.3% during the 2nd quarter. Heck Capital Advisors LLC now owns 212,517 shares of the company’s stock valued at $7,330,000 after purchasing an additional 2,663 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 4.6% in the first quarter. Bell Investment Advisors Inc now owns 202,901 shares of the company’s stock valued at $6,991,000 after buying an additional 9,006 shares during the period.

Invesco S&P International Developed Low Volatility ETF Stock Up 0.8%

IDLV traded up $0.28 during trading on Thursday, reaching $35.77. 8,896 shares of the company’s stock were exchanged, compared to its average volume of 40,024. The business has a 50 day moving average price of $35.85 and a 200 day moving average price of $35.30. Invesco S&P International Developed Low Volatility ETF has a fifty-two week low of $32.50 and a fifty-two week high of $36.97. The company has a market capitalization of $324.08 million, a P/E ratio of 17.78 and a beta of 0.49.

Invesco S&P International Developed Low Volatility ETF Company Profile

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.