Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Trading Down 0.8% – Here’s What Happened

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV)’s share price traded down 0.8% during mid-day trading on Friday . The company traded as low as $53.61 and last traded at $53.87. 5,372 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 9,781 shares. The stock had previously closed at $54.28.

Invesco S&P SmallCap Low Volatility ETF Price Performance

The firm’s 50 day moving average price is $51.01 and its 200 day moving average price is $49.39. The stock has a market capitalization of $249.96 million, a P/E ratio of 17.66 and a beta of 0.74.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. RDA Financial Network grew its position in shares of Invesco S&P SmallCap Low Volatility ETF by 7.7% during the 2nd quarter. RDA Financial Network now owns 4,713 shares of the company’s stock valued at $247,000 after acquiring an additional 335 shares during the period. Symmetry Partners LLC increased its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 8.1% in the 4th quarter. Symmetry Partners LLC now owns 8,089 shares of the company’s stock worth $375,000 after purchasing an additional 603 shares in the last quarter. Western Wealth Management LLC bought a new position in Invesco S&P SmallCap Low Volatility ETF in the 1st quarter worth $33,000. Raymond James Financial Inc. raised its holdings in Invesco S&P SmallCap Low Volatility ETF by 2.7% in the 2nd quarter. Raymond James Financial Inc. now owns 27,028 shares of the company’s stock worth $1,231,000 after purchasing an additional 705 shares during the period. Finally, Snowden Capital Advisors LLC raised its holdings in Invesco S&P SmallCap Low Volatility ETF by 3.1% in the 2nd quarter. Snowden Capital Advisors LLC now owns 24,143 shares of the company’s stock worth $1,100,000 after purchasing an additional 736 shares during the period.

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.