Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Sees Significant Decrease in Short Interest

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

Institutional Trading of Invesco S&P SmallCap Low Volatility ETF

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 3.5% in the 1st quarter. Cetera Investment Advisers now owns 59,171 shares of the company’s stock valued at $2,793,000 after buying an additional 2,010 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Invesco S&P SmallCap Low Volatility ETF in the 1st quarter valued at about $121,000. Eagle Bluffs Wealth Management LLC boosted its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 5.0% in the 1st quarter. Eagle Bluffs Wealth Management LLC now owns 97,872 shares of the company’s stock valued at $4,619,000 after buying an additional 4,688 shares in the last quarter. Armbruster Capital Management Inc. boosted its holdings 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. Finally, Brookstone Capital Management boosted its holdings 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.

Invesco S&P SmallCap Low Volatility ETF Trading Up 0.5%

Shares of NYSEARCA:XSLV traded up $0.26 during trading on Thursday, reaching $49.15. The stock had a trading volume of 3,609 shares, compared to its average volume of 11,621. Invesco S&P SmallCap Low Volatility ETF has a one year low of $44.32 and a one year high of $50.40. The company has a market capitalization of $238.87 million, a P/E ratio of 17.66 and a beta of 0.76. The firm’s 50-day simple moving average is $48.58 and its 200 day simple moving average 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.