Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $50.32 and traded as low as $50.06. Invesco S&P SmallCap Low Volatility ETF shares last traded at $50.27, with a volume of 3,804 shares.

Invesco S&P SmallCap Low Volatility ETF Trading Down 0.6%

The firm’s fifty day moving average price is $50.74 and its 200 day moving average price is $50.36. The firm has a market capitalization of $236.03 million, a PE ratio of 17.66 and a beta of 0.74.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CX Institutional grew its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 47,364.7% in the 3rd quarter. CX Institutional now owns 153,311 shares of the company’s stock valued at $7,504,000 after buying an additional 152,988 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Invesco S&P SmallCap Low Volatility ETF during the second quarter valued at approximately $58,000. NewEdge Advisors LLC raised its position in Invesco S&P SmallCap Low Volatility ETF by 134.1% during the second quarter. NewEdge Advisors LLC now owns 6,312 shares of the company’s stock valued at $331,000 after acquiring an additional 3,616 shares in the last quarter. Citadel Advisors LLC bought a new position in Invesco S&P SmallCap Low Volatility ETF during the second quarter valued at approximately $405,000. Finally, RDA Financial Network lifted its stake in Invesco S&P SmallCap Low Volatility ETF by 7.7% in the second quarter. RDA Financial Network now owns 4,713 shares of the company’s stock valued at $247,000 after acquiring an additional 335 shares during the last quarter.

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.