Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Update

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,967 shares, an increase of 72.1% from the July 30th total of 6,374 shares. Based on an average daily volume of 12,593 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco S&P MidCap Low Volatility ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 worth $66,665,000 after buying an additional 992,830 shares in the last quarter. Harbour Investments Inc. raised its holdings in Invesco S&P MidCap Low Volatility ETF by 26.3% in the 4th quarter. Harbour Investments Inc. now owns 40,156 shares of the company’s stock valued at $2,504,000 after acquiring an additional 8,365 shares during the last quarter. Tempo Wealth LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF in the 4th quarter worth approximately $1,204,000. Mosaic Family Wealth Partners LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF in the 1st quarter worth approximately $695,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 19.0% during the 1st quarter. Cetera Investment Advisers now owns 105,074 shares of the company’s stock worth $6,616,000 after purchasing an additional 16,793 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Invesco S&P MidCap Low Volatility ETF stock traded down $0.35 during midday trading on Monday, reaching $67.28. The company had a trading volume of 4,014 shares, compared to its average volume of 22,556. Invesco S&P MidCap Low Volatility ETF has a 12-month low of $60.96 and a 12-month high of $70.21. The company has a market capitalization of $734.02 million, a P/E ratio of 18.75 and a beta of 0.68. The firm’s fifty day simple moving average is $67.80 and its 200-day simple moving average is $66.02.

Invesco S&P MidCap Low Volatility ETF Company Profile

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.