Short Interest in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Increases By 48.0%

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 4,325,975 shares, an increase of 48.0% from the January 15th total of 2,923,826 shares. Currently, 4.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,195,925 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 4,195,925 shares, the short-interest ratio is presently 1.0 days. Currently, 4.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco S&P 500 Low Volatility ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dominguez Wealth Management Solutions Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 7.4% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 145,913 shares of the company’s stock worth $10,722,000 after purchasing an additional 10,080 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 10.0% in the second quarter. Geneos Wealth Management Inc. now owns 105,818 shares of the company’s stock worth $7,706,000 after buying an additional 9,628 shares during the period. Armbruster Capital Management Inc. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 5.1% in the 3rd quarter. Armbruster Capital Management Inc. now owns 482,394 shares of the company’s stock valued at $35,446,000 after purchasing an additional 23,531 shares in the last quarter. Allworth Financial LP grew its position in shares of Invesco S&P 500 Low Volatility ETF by 0.9% in the 2nd quarter. Allworth Financial LP now owns 85,996 shares of the company’s stock worth $6,262,000 after acquiring an additional 741 shares in the last quarter. Finally, Asset Allocation Strategies LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 67.9% during the 3rd quarter. Asset Allocation Strategies LLC now owns 87,460 shares of the company’s stock valued at $6,427,000 after buying an additional 35,371 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of Invesco S&P 500 Low Volatility ETF stock traded up $0.66 during trading on Friday, reaching $75.85. 4,960,079 shares of the company’s stock were exchanged, compared to its average volume of 4,140,831. The company has a market cap of $7.76 billion, a P/E ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $76.09. The firm’s 50-day moving average price is $72.56 and its 200 day moving average price is $72.59.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.1347 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13. The ex-dividend date was Tuesday, January 20th.

Invesco S&P 500 Low Volatility ETF Company Profile

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.