Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Stock Price Up 0.7%

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)’s stock price shot up 0.7% during mid-day trading on Monday . The company traded as high as $50.14 and last traded at $50.07. 22,163 shares changed hands during mid-day trading, an increase of 1,360% from the average session volume of 1,518 shares. The stock had previously closed at $49.71.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Stock Down 0.4 %

The firm has a market cap of $41.48 million, a P/E ratio of 23.04 and a beta of 0.46. The firm has a fifty day moving average of $49.11 and a 200-day moving average of $48.51.

Institutional Trading of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Financial Network Inc. ADV bought a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the 4th quarter valued at about $353,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the fourth quarter valued at approximately $4,199,000. Finally, LPL Financial LLC raised its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 6.5% in the 3rd quarter. LPL Financial LLC now owns 151,241 shares of the company’s stock valued at $6,743,000 after acquiring an additional 9,289 shares during the period.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility.