Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Stock Price Up 1.1% – Here’s What Happened

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)’s stock price rose 1.1% during trading on Thursday . The company traded as high as $55.81 and last traded at $55.81. Approximately 910 shares traded hands during trading, a decline of 23% from the average daily volume of 1,184 shares. The stock had previously closed at $55.22.

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

The company’s 50 day simple moving average is $54.51 and its two-hundred day simple moving average is $51.97. The company has a market capitalization of $47.07 million, a price-to-earnings ratio of 23.04 and a beta of 0.46.

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