Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Up 335.6% in February

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 4,156 shares, a growth of 335.6% from the February 12th total of 954 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 25,315 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 25,315 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Several large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P MidCap Low Volatility ETF by 1,305.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,068,856 shares of the company’s stock valued at $66,665,000 after acquiring an additional 992,830 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 3,691.3% during the 4th quarter. Merit Financial Group LLC now owns 136,222 shares of the company’s stock valued at $8,496,000 after purchasing an additional 132,629 shares in the last quarter. LPL Financial LLC boosted its position in shares of Invesco S&P MidCap Low Volatility ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 675,286 shares of the company’s stock valued at $42,116,000 after purchasing an additional 69,346 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Invesco S&P MidCap Low Volatility ETF by 6,067.1% in the second quarter. Laurel Wealth Advisors LLC now owns 39,346 shares of the company’s stock worth $2,426,000 after acquiring an additional 38,708 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco S&P MidCap Low Volatility ETF by 25.5% in the second quarter. JPMorgan Chase & Co. now owns 140,226 shares of the company’s stock worth $8,648,000 after buying an additional 28,497 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Down 0.5%

XMLV traded down $0.34 during trading hours on Wednesday, hitting $64.95. 7,473 shares of the company’s stock were exchanged, compared to its average volume of 27,767. The stock’s 50-day moving average is $64.95 and its two-hundred day moving average is $63.71. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $54.58 and a 1-year high of $67.39. The stock has a market cap of $763.81 million, a price-to-earnings ratio of 18.75 and a beta of 0.76.

About Invesco S&P MidCap Low Volatility ETF

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.