Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLVGet Free Report) saw an uptick in trading volume on Monday . 408,081 shares traded hands during trading, an increase of 984% from the previous session’s volume of 37,656 shares.The stock last traded at $61.46 and had previously closed at $61.57.

Invesco S&P MidCap Low Volatility ETF Price Performance

The stock’s fifty day simple moving average is $61.71 and its two-hundred day simple moving average is $61.18. The company has a market capitalization of $878.93 million, a price-to-earnings ratio of 17.33 and a beta of 0.72.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth $28,000. Farther Finance Advisors LLC lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 375.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 494 shares of the company’s stock worth $30,000 after acquiring an additional 390 shares during the period. Runnymede Capital Advisors Inc. bought a new position in shares of Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at approximately $45,000. Hazlett Burt & Watson Inc. increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 192.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,924 shares of the company’s stock valued at $178,000 after acquiring an additional 1,924 shares during the period. Finally, Synergy Investment Management LLC bought a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth approximately $183,000.

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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