Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Sees Large Decline in Short Interest

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 6,915 shares, a decrease of 87.0% from the March 15th total of 53,383 shares. Based on an average daily volume of 63,304 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Smartleaf Asset Management LLC grew its position in Invesco S&P Emerging Markets Low Volatility ETF by 135.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the company’s stock valued at $34,000 after buying an additional 742 shares in the last quarter. Strategic Advocates LLC bought a new position in Invesco S&P Emerging Markets Low Volatility ETF in the 3rd quarter valued at about $37,000. Wilmington Savings Fund Society FSB bought a new position in Invesco S&P Emerging Markets Low Volatility ETF in the 4th quarter valued at about $40,000. Arax Advisory Partners bought a new position in Invesco S&P Emerging Markets Low Volatility ETF in the 4th quarter valued at about $43,000. Finally, LOM Asset Management Ltd grew its position in Invesco S&P Emerging Markets Low Volatility ETF by 30.8% in the 3rd quarter. LOM Asset Management Ltd now owns 1,700 shares of the company’s stock valued at $45,000 after buying an additional 400 shares in the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

Shares of NYSEARCA:EELV traded up $0.08 on Friday, hitting $29.06. The company’s stock had a trading volume of 26,781 shares, compared to its average volume of 61,794. The stock’s 50-day moving average is $28.72 and its two-hundred day moving average is $27.77. The company has a market capitalization of $444.62 million, a price-to-earnings ratio of 12.64 and a beta of 0.46. Invesco S&P Emerging Markets Low Volatility ETF has a 12 month low of $23.49 and a 12 month high of $29.97.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.