Short Interest in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Expands By 41.4%
by Amy Steele · The Cerbat GemInvesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,997 shares, a growth of 41.4% from the November 30th total of 1,412 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 22,751 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 22,751 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.
Invesco S&P MidCap Low Volatility ETF Price Performance
Shares of NYSEARCA:XMLV traded down $0.02 during trading hours on Monday, hitting $62.98. The company’s stock had a trading volume of 16,835 shares, compared to its average volume of 33,626. The firm’s fifty day moving average price is $62.81 and its 200 day moving average price is $62.66. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $54.58 and a 52 week high of $64.50. The company has a market capitalization of $768.99 million, a price-to-earnings ratio of 18.75 and a beta of 0.76.
Institutional Trading of Invesco S&P MidCap Low Volatility ETF
Several hedge funds and other institutional investors have recently bought and sold shares of XMLV. DHJJ Financial Advisors Ltd. purchased a new position in Invesco S&P MidCap Low Volatility ETF in the second quarter valued at about $32,000. Geneos Wealth Management Inc. grew its stake in Invesco S&P MidCap Low Volatility ETF by 254.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock worth $39,000 after buying an additional 451 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% during the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after acquiring an additional 394 shares in the last quarter. Wealth Watch Advisors INC acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 3rd quarter valued at approximately $52,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF in the second quarter worth $53,000.
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.