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

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P International Developed Low Volatility ETF by 46.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after purchasing an additional 483,277 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P International Developed Low Volatility ETF by 197.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 240,131 shares of the company’s stock valued at $8,140,000 after purchasing an additional 159,455 shares during the period. Whitaker Myers Wealth Managers LTD. raised its holdings in Invesco S&P International Developed Low Volatility ETF by 12.5% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock worth $17,630,000 after buying an additional 56,755 shares during the period. Bank of America Corp DE lifted its stake in Invesco S&P International Developed Low Volatility ETF by 11.9% during the first quarter. Bank of America Corp DE now owns 133,656 shares of the company’s stock valued at $4,605,000 after buying an additional 14,187 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Invesco S&P International Developed Low Volatility ETF during the first quarter valued at about $384,000.

Invesco S&P International Developed Low Volatility ETF Price Performance

NYSEARCA IDLV opened at $35.32 on Friday. The firm has a market capitalization of $320.00 million, a PE ratio of 17.78 and a beta of 0.49. Invesco S&P International Developed Low Volatility ETF has a 12 month low of $32.50 and a 12 month high of $36.97. The company’s 50 day simple moving average is $35.87 and its 200 day simple moving average is $35.29.

About Invesco S&P International Developed Low Volatility ETF

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.