Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Trading Up 0.2% – Here’s Why

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)’s share price was up 0.2% during trading on Thursday . The company traded as high as $54.21 and last traded at $54.16. Approximately 1,548 shares were traded during trading, an increase of 27% from the average daily volume of 1,219 shares. The stock had previously closed at $54.06.

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

The company has a market capitalization of $45.10 million, a price-to-earnings ratio of 23.04 and a beta of 0.46. The firm has a 50-day simple moving average of $54.01 and a two-hundred day simple moving average of $51.26.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF stock. Northstar Group Inc. acquired a new position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,965 shares of the company’s stock, valued at approximately $215,000. Northstar Group Inc. owned about 0.47% of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF as of its most recent filing with the Securities & Exchange Commission.

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.