Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Trading Up 1.1% – Still a Buy?

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLVGet Free Report) shares shot up 1.1% during mid-day trading on Thursday . The stock traded as high as $55.81 and last traded at $55.81. 910 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 1,184 shares. The stock had previously closed at $55.22.

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

The stock has a market capitalization of $46.88 million, a price-to-earnings ratio of 23.04 and a beta of 0.46. The business has a fifty day simple moving average of $54.42 and a 200 day simple moving average of $51.89.

Hedge Funds Weigh In On Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

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 stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLVFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,965 shares of the company’s stock, valued at approximately $215,000. Northstar Group Inc. owned 0.47% of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF as of its most recent SEC filing.

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

(Get Free Report)

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.

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