Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Shares Down 0.1% – What’s Next?

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) shares were down 0.1% on Friday. The stock traded as low as $50.36 and last traded at $50.67. Approximately 4,190 shares were traded during trading, a decline of 59% from the average daily volume of 10,312 shares. The stock had previously closed at $50.72.

Invesco S&P SmallCap Low Volatility ETF Stock Down 0.1%

The company has a market capitalization of $236.63 million, a PE ratio of 17.66 and a beta of 0.74. The stock’s fifty day simple moving average is $50.99 and its 200-day simple moving average is $51.14.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. RDA Financial Network raised its position in shares of Invesco S&P SmallCap Low Volatility ETF by 7.7% during the 2nd quarter. RDA Financial Network now owns 4,713 shares of the company’s stock worth $247,000 after purchasing an additional 335 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF during the 1st quarter worth $33,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF during the 2nd quarter worth $58,000. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 3.5% during the first quarter. Cetera Investment Advisers now owns 59,171 shares of the company’s stock worth $2,793,000 after purchasing an additional 2,010 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of Invesco S&P SmallCap Low Volatility ETF during the first quarter worth $121,000.

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.