Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Reaches New 12-Month High – Here’s What Happened

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLVGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $67.43 and last traded at $67.43, with a volume of 279 shares traded. The stock had previously closed at $67.17.

Invesco S&P MidCap Low Volatility ETF Stock Performance

The firm has a market capitalization of $735.48 million, a PE ratio of 18.75 and a beta of 0.69. The firm’s 50-day moving average is $65.35 and its 200 day moving average is $64.84.

Hedge Funds Weigh In On Invesco S&P MidCap Low Volatility ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XMLV. Basepoint Wealth LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at approximately $29,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $33,000. Larson Financial Group LLC lifted its stake in Invesco S&P MidCap Low Volatility ETF by 172.8% in the 3rd quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after buying an additional 394 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Invesco S&P MidCap Low Volatility ETF by 254.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 451 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at $40,000.

About Invesco S&P MidCap Low Volatility ETF

(Get Free Report)

The Invesco S&P MidCap Low Volatility ETF (XMLV) is an exchange-traded fund that is based on the S&P MidCap 400 Low Volatility index. The fund tracks a volatility-weighted index of the 80 least volatile S&P 400 companies. XMLV was launched on Feb 15, 2013 and is managed by Invesco.

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