Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Hits New 52-Week High – Here’s Why

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLVGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $64.62 and last traded at $64.5650, with a volume of 4551 shares changing hands. The stock had previously closed at $64.09.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.7%

The company has a market cap of $772.66 million, a price-to-earnings ratio of 18.75 and a beta of 0.76. The firm’s 50-day moving average price is $62.96 and its 200 day moving average price is $62.80.

Institutional Investors Weigh In On Invesco S&P MidCap Low Volatility ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. DHJJ Financial Advisors Ltd. bought a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 2nd quarter worth about $32,000. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 451 shares in the last quarter. Larson Financial Group LLC lifted its stake in Invesco S&P MidCap Low Volatility ETF by 172.8% during the 3rd quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after acquiring an additional 394 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth $52,000. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the 2nd quarter worth $53,000.

Invesco S&P MidCap Low Volatility ETF Company Profile

(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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