Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Trading Down 1.3% – What’s Next?

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)’s stock price fell 1.3% on Monday . The stock traded as low as $52.35 and last traded at $52.35. 740 shares changed hands during mid-day trading, an increase of 66% from the average session volume of 447 shares. The stock had previously closed at $53.04.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Stock Down 1.3 %

The company has a market cap of $43.97 million, a PE ratio of 23.04 and a beta of 0.46. The business’s fifty day moving average is $54.61 and its 200-day moving average is $53.09.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF stock. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,939 shares of the company’s stock, valued at approximately $322,000. Jane Street Group LLC owned approximately 0.71% of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.