Short Interest in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Declines By 77.7%

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,456 shares, a drop of 77.7% from the May 14th total of 24,436 shares. Based on an average trading volume of 45,455 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of EELV. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P Emerging Markets Low Volatility ETF by 4,145.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,776,294 shares of the company’s stock valued at $76,154,000 after buying an additional 2,710,894 shares in the last quarter. Purpose Unlimited Inc. acquired a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the fourth quarter worth approximately $9,297,000. Modern Wealth Management LLC acquired a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the first quarter worth approximately $8,279,000. LPL Financial LLC lifted its position in Invesco S&P Emerging Markets Low Volatility ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 900,180 shares of the company’s stock worth $24,692,000 after purchasing an additional 155,125 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in Invesco S&P Emerging Markets Low Volatility ETF by 14.2% in the second quarter. Ameriprise Financial Inc. now owns 780,746 shares of the company’s stock worth $20,393,000 after purchasing an additional 96,826 shares during the period.

Invesco S&P Emerging Markets Low Volatility ETF Trading Up 0.9%

EELV traded up $0.26 on Friday, reaching $28.85. The company had a trading volume of 15,061 shares, compared to its average volume of 52,994. The company has a fifty day moving average of $28.72 and a 200-day moving average of $28.37. The company has a market capitalization of $441.41 million, a P/E ratio of 12.64 and a beta of 0.42. Invesco S&P Emerging Markets Low Volatility ETF has a one year low of $25.10 and a one year high of $29.97.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.