Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,884,841 shares, a growth of 39.6% from the December 15th total of 2,067,064 shares. Currently, 2.8% of the company’s stock are sold short. Based on an average daily volume of 3,016,505 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 3,016,505 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.8% of the company’s stock are sold short.

Invesco S&P 500 Low Volatility ETF Trading Up 0.2%

SPLV stock traded up $0.18 during trading on Friday, reaching $73.23. The stock had a trading volume of 2,208,045 shares, compared to its average volume of 3,926,959. The firm has a fifty day moving average price of $71.84 and a 200 day moving average price of $72.47. The company has a market capitalization of $7.44 billion, a P/E ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Nvwm LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 7.7% during the 2nd quarter. Nvwm LLC now owns 2,018 shares of the company’s stock worth $147,000 after purchasing an additional 145 shares during the last quarter. Ausdal Financial Partners Inc. increased its position in shares of Invesco S&P 500 Low Volatility ETF by 0.3% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 54,191 shares of the company’s stock worth $3,982,000 after purchasing an additional 148 shares during the last quarter. Laraway Financial Advisors Inc raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.9% in the 3rd quarter. Laraway Financial Advisors Inc now owns 17,839 shares of the company’s stock valued at $1,311,000 after purchasing an additional 157 shares in the last quarter. Mission Creek Capital Partners Inc. lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 2.0% during the second quarter. Mission Creek Capital Partners Inc. now owns 8,079 shares of the company’s stock worth $588,000 after purchasing an additional 161 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 3.3% in the third quarter. Mutual Advisors LLC now owns 5,249 shares of the company’s stock worth $381,000 after purchasing an additional 169 shares in the last quarter.

About Invesco S&P 500 Low Volatility ETF

(Get Free Report)

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.

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