Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Stock Short Interest Jumps 116.1%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 17,928 shares, a growth of 116.1% from the September 15th total of 8,295 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 20,153 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Several institutional investors and hedge funds have recently bought and sold shares of XMLV. Pacific Sun Financial Corp grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 1.4% during the first quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock valued at $1,308,000 after purchasing an additional 290 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 15.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,642 shares of the company’s stock worth $292,000 after purchasing an additional 607 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the 1st quarter worth approximately $71,000. Fifth Third Bancorp lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 25.4% in the 1st quarter. Fifth Third Bancorp now owns 5,633 shares of the company’s stock worth $355,000 after purchasing an additional 1,141 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter valued at approximately $122,000.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of Invesco S&P MidCap Low Volatility ETF stock traded up $0.39 during trading on Thursday, reaching $64.25. The company had a trading volume of 14,096 shares, compared to its average volume of 22,149. Invesco S&P MidCap Low Volatility ETF has a fifty-two week low of $60.96 and a fifty-two week high of $70.21. The firm’s fifty day moving average is $66.16 and its 200-day moving average is $65.96. The company has a market cap of $703.54 million, a price-to-earnings ratio of 18.75 and a beta of 0.68.

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.