Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Up 504.5% in December

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 12,072 shares, an increase of 504.5% from the December 15th total of 1,997 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,905 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 42,905 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors 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 XMLV. DHJJ Financial Advisors Ltd. purchased a new position in Invesco S&P MidCap Low Volatility ETF during the second quarter worth approximately $32,000. Geneos Wealth Management Inc. raised its holdings in shares of 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 acquiring an additional 451 shares during the period. Larson Financial Group LLC boosted its position in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% during the 3rd quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after acquiring an additional 394 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the third quarter valued at about $52,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the second quarter valued at about $53,000.

Invesco S&P MidCap Low Volatility ETF Price Performance

NYSEARCA XMLV traded down $0.09 during trading hours on Monday, hitting $63.65. 28,521 shares of the company’s stock traded hands, compared to its average volume of 31,360. The company has a market capitalization of $765.71 million, a PE ratio of 18.75 and a beta of 0.76. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $54.58 and a 52-week high of $64.50. The firm’s 50-day moving average is $62.90 and its 200-day moving average is $62.78.

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.