Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Large Volume Increase – What’s Next?

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) shares saw unusually-strong trading volume on Tuesday . Approximately 55,966 shares were traded during trading, an increase of 68% from the previous session’s volume of 33,311 shares.The stock last traded at $63.0850 and had previously closed at $63.31.

Invesco S&P MidCap Low Volatility ETF Stock Performance

The stock has a market capitalization of $769.05 million, a PE ratio of 18.75 and a beta of 0.76. The stock’s 50 day moving average is $62.74 and its two-hundred day moving average is $62.58.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Several large investors have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at $70,000. NewEdge Advisors LLC boosted its stake in Invesco S&P MidCap Low Volatility ETF by 3.0% during the 3rd quarter. NewEdge Advisors LLC now owns 99,120 shares of the company’s stock worth $6,306,000 after purchasing an additional 2,919 shares during the last quarter. Susquehanna International Group LLP grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 110.3% during the third quarter. Susquehanna International Group LLP now owns 9,290 shares of the company’s stock worth $590,000 after buying an additional 4,873 shares in the last quarter. Prosperity Consulting Group LLC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the third quarter worth $323,000. Finally, Larson Financial Group LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% in the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after buying an additional 394 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Company Profile

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.