Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Stock Short Interest Rises 116.1%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 17,928 shares, a growth of 116.1% from the September 15th total of 8,295 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 20,153 shares, the short-interest ratio is presently 0.9 days.

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

A number of institutional investors have recently made changes to their positions in XMLV. Brookstone Capital Management lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 3.4% during the first quarter. Brookstone Capital Management now owns 306,429 shares of the company’s stock valued at $19,296,000 after acquiring an additional 10,000 shares during the period. DORVAL Corp raised its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 1.7% in the second quarter. DORVAL Corp now owns 266,274 shares of the company’s stock valued at $17,662,000 after buying an additional 4,543 shares during the last quarter. CX Institutional lifted its position in Invesco S&P MidCap Low Volatility ETF by 28,361.1% during the 3rd quarter. CX Institutional now owns 116,975 shares of the company’s stock worth $7,366,000 after buying an additional 116,564 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 19.0% in the first quarter. Cetera Investment Advisers now owns 105,074 shares of the company’s stock worth $6,616,000 after acquiring an additional 16,793 shares during the last quarter. Finally, Lmcg Investments LLC grew its stake in shares of Invesco S&P MidCap Low Volatility ETF by 12.9% during the first quarter. Lmcg Investments LLC now owns 48,300 shares of the company’s stock valued at $3,041,000 after purchasing an additional 5,514 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.4%

Invesco S&P MidCap Low Volatility ETF stock traded down $0.25 during mid-day trading on Wednesday, hitting $63.74. 12,095 shares of the company’s stock were exchanged, compared to its average volume of 22,184. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $60.96 and a 1-year high of $70.21. The stock has a 50 day moving average of $66.25 and a two-hundred day moving average of $65.96. The stock has a market cap of $697.95 million, a P/E ratio of 18.75 and a beta of 0.68.

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.