Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Update

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 3,434 shares, a drop of 35.5% from the May 31st total of 5,324 shares. Based on an average daily volume of 17,840 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of XMLV. Basepoint Wealth LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter valued at approximately $29,000. Flagship Harbor Advisors LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at approximately $33,000. Larson Financial Group LLC grew its holdings in 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 worth $40,000 after purchasing an additional 394 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in 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 worth $39,000 after purchasing an additional 451 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $40,000.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $66.57 on Thursday. The company has a market capitalization of $736.26 million, a PE ratio of 18.75 and a beta of 0.69. The company has a 50-day simple moving average of $65.20 and a two-hundred day simple moving average of $64.71. Invesco S&P MidCap Low Volatility ETF has a one year low of $60.63 and a one year high of $67.39.

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.