Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Short Interest Down 62.4% in December

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 62 shares, a decline of 62.4% from the November 30th total of 165 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 769 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 769 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

Several large investors have recently made changes to their positions in XRLV. Bank of Montreal Can raised its position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 4.8% during the 2nd quarter. Bank of Montreal Can now owns 50,612 shares of the company’s stock valued at $2,787,000 after buying an additional 2,300 shares during the period. Bank of America Corp DE boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 2.3% during the 3rd quarter. Bank of America Corp DE now owns 30,301 shares of the company’s stock worth $1,685,000 after purchasing an additional 680 shares during the period. Susquehanna International Group LLP increased its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 41.4% in the 3rd quarter. Susquehanna International Group LLP now owns 9,119 shares of the company’s stock valued at $507,000 after buying an additional 2,670 shares during the period. Two Sigma Investments LP purchased a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the third quarter valued at approximately $406,000. Finally, Citadel Advisors LLC increased its holdings in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 10.7% in the third quarter. Citadel Advisors LLC now owns 5,191 shares of the company’s stock valued at $289,000 after buying an additional 501 shares in the last quarter.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Stock Down 0.1%

NYSEARCA:XRLV traded down $0.05 during mid-day trading on Friday, hitting $54.30. 693 shares of the stock traded hands, compared to its average volume of 2,386. The firm’s 50 day moving average is $54.22 and its two-hundred day moving average is $54.82. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a 52 week low of $51.21 and a 52 week high of $56.89. The stock has a market capitalization of $34.75 million, a price-to-earnings ratio of 23.36 and a beta of 0.65.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility. XRLV was launched on Apr 9, 2015 and is managed by Invesco.