Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Short Interest Down 35.5% in June

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,434 shares, a decline of 35.5% from the May 31st total of 5,324 shares. Based on an average daily volume of 17,840 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Invesco S&P MidCap Low Volatility ETF Price Performance

XMLV opened at $67.17 on Friday. The business has a 50 day simple moving average of $65.27 and a two-hundred day simple moving average of $64.75. The firm has a market capitalization of $742.90 million, a price-to-earnings ratio of 18.75 and a beta of 0.69. Invesco S&P MidCap Low Volatility ETF has a one year low of $60.63 and a one year high of $67.39.

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

Hedge funds have recently made changes to their positions in the business. Western Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 1st quarter worth approximately $71,000. Liberty One Investment Management LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 8.1% in the 1st quarter. Liberty One Investment Management LLC now owns 33,638 shares of the company’s stock worth $2,118,000 after acquiring an additional 2,516 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 19.0% in the 1st quarter. Cetera Investment Advisers now owns 105,074 shares of the company’s stock valued at $6,616,000 after purchasing an additional 16,793 shares during the period. Pacific Sun Financial Corp lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 1.4% in the 1st quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock valued at $1,308,000 after purchasing an additional 290 shares during the period. Finally, Fifth Third Bancorp lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 25.4% in the 1st quarter. Fifth Third Bancorp now owns 5,633 shares of the company’s stock valued at $355,000 after purchasing an additional 1,141 shares during the period.

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.