Short Interest in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Decreases By 72.0%

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,210 shares, a decline of 72.0% from the April 15th total of 11,460 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 7,985 shares, the short-interest ratio is currently 0.4 days.

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

A number of hedge funds have recently made changes to their positions in the business. Armbruster Capital Management Inc. raised its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 4.6% in the 1st quarter. Armbruster Capital Management Inc. now owns 260,019 shares of the company’s stock valued at $12,272,000 after buying an additional 11,458 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 203,215 shares of the company’s stock valued at $9,411,000 after buying an additional 1,215 shares in the last quarter. Brookstone Capital Management raised its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 5.3% in the 1st quarter. Brookstone Capital Management now owns 201,765 shares of the company’s stock valued at $9,522,000 after buying an additional 10,066 shares in the last quarter. Eagle Bluffs Wealth Management LLC lifted its stake in Invesco S&P SmallCap Low Volatility ETF by 5.0% during the first quarter. Eagle Bluffs Wealth Management LLC now owns 97,872 shares of the company’s stock worth $4,619,000 after purchasing an additional 4,688 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Invesco S&P SmallCap Low Volatility ETF by 3.5% during the first quarter. Cetera Investment Advisers now owns 59,171 shares of the company’s stock worth $2,793,000 after purchasing an additional 2,010 shares during the period.

Invesco S&P SmallCap Low Volatility ETF Price Performance

Shares of XSLV traded down $0.57 on Friday, reaching $48.58. 5,840 shares of the stock traded hands, compared to its average volume of 11,558. The firm has a market cap of $236.10 million, a price-to-earnings ratio of 17.66 and a beta of 0.76. Invesco S&P SmallCap Low Volatility ETF has a 12 month low of $44.32 and a 12 month high of $50.40. The stock’s 50-day moving average price is $48.56 and its 200-day moving average price is $47.81.

Invesco S&P SmallCap Low Volatility ETF Company Profile

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.