Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Short Interest Update

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 16,852 shares, a decline of 75.9% from the April 15th total of 69,978 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 35,169 shares, the short-interest ratio is presently 0.5 days.

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

Several hedge funds have recently made changes to their positions in EELV. Smartleaf Asset Management LLC increased its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 135.2% in the second quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the company’s stock worth $34,000 after acquiring an additional 742 shares in the last quarter. Strategic Advocates LLC purchased a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF in the third quarter worth approximately $37,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF in the fourth quarter worth approximately $40,000. Arax Advisory Partners purchased a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF in the fourth quarter worth approximately $43,000. Finally, LOM Asset Management Ltd increased its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 30.8% in the third quarter. LOM Asset Management Ltd now owns 1,700 shares of the company’s stock worth $45,000 after acquiring an additional 400 shares in the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Price Performance

Shares of EELV traded down $0.06 during mid-day trading on Wednesday, hitting $28.77. The company’s stock had a trading volume of 19,095 shares, compared to its average volume of 56,072. The firm has a 50-day moving average price of $28.54 and a 200 day moving average price of $28.16. The stock has a market capitalization of $440.18 million, a price-to-earnings ratio of 12.64 and a beta of 0.44. Invesco S&P Emerging Markets Low Volatility ETF has a fifty-two week low of $25.10 and a fifty-two week 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.