Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV – Get Free Report) saw strong trading volume on Thursday . Approximately 117,820 shares were traded during mid-day trading, an increase of 418% from the previous session’s volume of 22,767 shares.The stock last traded at $67.61 and had previously closed at $68.24.
Invesco S&P MidCap Low Volatility ETF Stock Performance
The company has a market capitalization of $737.84 million, a price-to-earnings ratio of 18.75 and a beta of 0.68. The company has a fifty day simple moving average of $67.80 and a two-hundred day simple moving average of $66.01.
Institutional Investors Weigh In On Invesco S&P MidCap Low Volatility ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Low Volatility ETF by 1,305.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,068,856 shares of the company’s stock worth $66,665,000 after buying an additional 992,830 shares during the period. LPL Financial LLC grew its holdings in Invesco S&P MidCap Low Volatility ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 675,286 shares of the company’s stock valued at $42,116,000 after buying an additional 69,346 shares during the period. NewEdge Advisors LLC grew its holdings in Invesco S&P MidCap Low Volatility ETF by 35.1% in the 2nd quarter. NewEdge Advisors LLC now owns 96,201 shares of the company’s stock valued at $5,937,000 after buying an additional 24,996 shares during the period. Royal Bank of Canada grew its holdings in Invesco S&P MidCap Low Volatility ETF by 27.0% in the 4th quarter. Royal Bank of Canada now owns 94,582 shares of the company’s stock valued at $5,899,000 after buying an additional 20,127 shares during the period. Finally, Tempo Wealth LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at about $1,204,000.
About Invesco S&P MidCap Low Volatility ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P MidCap Low Volatility ETF
- MarketBeat Week in Review – 08/24 – 08/28
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
Receive News & Ratings for Invesco S&P MidCap Low Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.
