Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Sees Large Decline in Short Interest

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,710,000 shares, a decrease of 40.2% from the September 15th total of 4,530,000 shares. Based on an average daily trading volume, of 2,507,200 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 2,507,200 shares, the days-to-cover ratio is presently 1.1 days.

Invesco S&P 500 Low Volatility ETF Trading Up 0.2%

SPLV stock opened at $72.85 on Tuesday. The firm has a 50 day moving average of $73.06 and a 200-day moving average of $72.67. The company has a market cap of $7.75 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43.

Institutional Trading of Invesco S&P 500 Low Volatility ETF

A number of institutional investors have recently bought and sold shares of the company. Nvwm LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 7.7% in the second quarter. Nvwm LLC now owns 2,018 shares of the company’s stock valued at $147,000 after purchasing an additional 145 shares during the last quarter. Salomon & Ludwin LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 11.1% in the 1st quarter. Salomon & Ludwin LLC now owns 1,547 shares of the company’s stock worth $116,000 after buying an additional 155 shares in the last quarter. Mission Creek Capital Partners Inc. grew its stake in Invesco S&P 500 Low Volatility ETF by 2.0% in the 2nd quarter. Mission Creek Capital Partners Inc. now owns 8,079 shares of the company’s stock valued at $588,000 after acquiring an additional 161 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 3.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,463 shares of the company’s stock valued at $333,000 after acquiring an additional 167 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in Invesco S&P 500 Low Volatility ETF by 2.6% during the 2nd quarter. Harbour Investments Inc. now owns 6,766 shares of the company’s stock valued at $493,000 after acquiring an additional 173 shares in the last quarter.

About Invesco S&P 500 Low Volatility ETF

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.