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

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 29,271 shares, an increase of 232.9% from the June 30th total of 8,792 shares. Based on an average daily trading volume, of 56,763 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Insider Activity

In related news, CEO Gail Boudreaux acquired 2,725 shares of Invesco S&P Emerging Markets Low Volatility ETF stock in a transaction dated Friday, July 17th. The shares were acquired at an average cost of $367.79 per share, for a total transaction of $1,002,227.75. Following the completion of the transaction, the chief executive officer directly owned 171,976 shares of the company’s stock, valued at $63,251,053.04. The trade was a 1.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Ramiro G. Peru purchased 1,000 shares of the stock in a transaction dated Friday, July 17th. The shares were purchased at an average price of $366.05 per share, with a total value of $366,050.00. Following the completion of the acquisition, the director owned 10,908 shares of the company’s stock, valued at approximately $3,992,873.40. This represents a 10.09% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Trading of Invesco S&P Emerging Markets Low Volatility ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. BKM Wealth Management LLC raised its position in Invesco S&P Emerging Markets Low Volatility ETF by 96.7% in the fourth quarter. BKM Wealth Management LLC now owns 102,050 shares of the company’s stock valued at $2,799,000 after purchasing an additional 50,158 shares during the period. Navigation Group LLC bought a new position in Invesco S&P Emerging Markets Low Volatility ETF during the first quarter valued at about $1,069,000. Purpose Unlimited Inc. bought a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF in the 4th quarter worth approximately $9,297,000. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,137,248 shares of the company’s stock valued at $31,195,000 after acquiring an additional 18,525 shares during the last quarter. Finally, Modern Wealth Management LLC bought a new position in Invesco S&P Emerging Markets Low Volatility ETF in the 1st quarter worth $8,279,000.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

Invesco S&P Emerging Markets Low Volatility ETF stock traded up $0.22 during trading on Monday, hitting $28.41. The company’s stock had a trading volume of 15,471 shares, compared to its average volume of 52,497. The stock has a market capitalization of $430.41 million, a price-to-earnings ratio of 12.64 and a beta of 0.43. Invesco S&P Emerging Markets Low Volatility ETF has a 1-year low of $25.64 and a 1-year high of $29.97. The stock’s fifty day moving average is $28.28 and its 200 day moving average is $28.58.

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.