Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Trading 0.3% Higher – Here’s Why

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) traded up 0.3% on Friday . The stock traded as high as $55.35 and last traded at $55.35. 422 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 702 shares. The stock had previously closed at $55.17.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Price Performance

The stock’s 50-day moving average price is $54.28 and its 200 day moving average price is $54.77. The firm has a market capitalization of $32.66 million, a PE ratio of 23.36 and a beta of 0.65.

Institutional Investors Weigh In On Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

Several large investors have recently modified their holdings of XRLV. Citadel Advisors LLC boosted its stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 10.7% during the third quarter. Citadel Advisors LLC now owns 5,191 shares of the company’s stock valued at $289,000 after purchasing an additional 501 shares in the last quarter. Two Sigma Investments LP purchased a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF during the third quarter worth $406,000. Susquehanna International Group LLP lifted its holdings in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 41.4% during the third quarter. Susquehanna International Group LLP now owns 9,119 shares of the company’s stock worth $507,000 after buying an additional 2,670 shares during the period. Osaic Holdings Inc. boosted its position in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 4.0% during the 2nd quarter. Osaic Holdings Inc. now owns 21,088 shares of the company’s stock valued at $1,161,000 after acquiring an additional 820 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 3.1% in the 2nd quarter. Bank of America Corp DE now owns 29,621 shares of the company’s stock valued at $1,631,000 after acquiring an additional 885 shares during the period.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility. XRLV was launched on Apr 9, 2015 and is managed by Invesco.