Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Trading 0.2% Higher – Time to Buy?

Shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) shot up 0.2% during trading on Thursday . The company traded as high as $54.21 and last traded at $54.16. 1,548 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 1,219 shares. The stock had previously closed at $54.06.

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

The business’s fifty day moving average price is $54.00 and its 200 day moving average price is $51.22. The stock has a market cap of $45.49 million, a P/E ratio of 23.04 and a beta of 0.46.

Institutional Inflows and Outflows

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

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

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.