Stifel Financial Corp Lowers Holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Stifel Financial Corp lowered its holdings in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 45.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 36,939 shares of the company’s stock after selling 30,459 shares during the period. Stifel Financial Corp’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $2,247,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its holdings in Invesco S&P MidCap Low Volatility ETF by 1.8% during the 4th quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock valued at $23,887,000 after buying an additional 6,911 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Invesco S&P MidCap Low Volatility ETF by 13.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 285,293 shares of the company’s stock valued at $17,352,000 after acquiring an additional 33,126 shares in the last quarter. DORVAL Corp increased its holdings in Invesco S&P MidCap Low Volatility ETF by 2.3% in the 4th quarter. DORVAL Corp now owns 225,111 shares of the company’s stock valued at $13,691,000 after acquiring an additional 5,036 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 4th quarter worth $10,750,000. Finally, ProVise Management Group LLC boosted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 2.8% during the 4th quarter. ProVise Management Group LLC now owns 58,439 shares of the company’s stock valued at $3,554,000 after purchasing an additional 1,605 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Up 1.6 %

Shares of XMLV stock opened at $61.05 on Monday. The stock has a market capitalization of $798.53 million, a price-to-earnings ratio of 17.51 and a beta of 0.74. The stock’s 50-day moving average price is $60.25 and its 200-day moving average price is $61.51. Invesco S&P MidCap Low Volatility ETF has a 12-month low of $54.30 and a 12-month high of $65.99.

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.