Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Short Interest Down 80.0% in June

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 861 shares, a decrease of 80.0% from the May 31st total of 4,311 shares. Based on an average daily trading volume, of 19,810 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Invesco S&P International Developed Low Volatility ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its stake in shares of Invesco S&P International Developed Low Volatility ETF by 46.9% during the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after acquiring an additional 483,277 shares during the last quarter. Whitaker Myers Wealth Managers LTD. raised its stake in Invesco S&P International Developed Low Volatility ETF by 3.0% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 424,436 shares of the company’s stock valued at $14,388,000 after purchasing an additional 12,466 shares during the last quarter. Royal Bank of Canada lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 75.8% in the 4th quarter. Royal Bank of Canada now owns 394,420 shares of the company’s stock valued at $13,371,000 after purchasing an additional 170,030 shares in the last quarter. Bank of America Corp DE lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 219.3% in the 2nd quarter. Bank of America Corp DE now owns 335,346 shares of the company’s stock valued at $11,108,000 after purchasing an additional 230,316 shares in the last quarter. Finally, PFG Advisors lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 5.8% in the 3rd quarter. PFG Advisors now owns 305,952 shares of the company’s stock valued at $10,249,000 after purchasing an additional 16,782 shares in the last quarter.

Invesco S&P International Developed Low Volatility ETF Price Performance

NYSEARCA:IDLV traded up $0.20 during trading hours on Friday, reaching $34.58. 42,789 shares of the company traded hands, compared to its average volume of 44,519. The firm’s 50-day moving average is $35.01 and its 200-day moving average is $34.94. The stock has a market cap of $363.09 million, a P/E ratio of 17.78 and a beta of 0.50. Invesco S&P International Developed Low Volatility ETF has a 1-year low of $32.50 and a 1-year high of $36.97.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.