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

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) reached a new 52-week high during trading on Friday . The stock traded as high as $64.86 and last traded at $64.86, with a volume of 11747 shares trading hands. The stock had previously closed at $64.32.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.8 %

The company has a 50 day moving average price of $61.73 and a 200 day moving average price of $58.62. The company has a market capitalization of $935.64 million, a price-to-earnings ratio of 17.33 and a beta of 0.72.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XMLV. Bank of New York Mellon Corp raised its position in Invesco S&P MidCap Low Volatility ETF by 5.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 373,249 shares of the company’s stock valued at $20,615,000 after buying an additional 20,592 shares during the last quarter. DORVAL Corp lifted its position in Invesco S&P MidCap Low Volatility ETF by 1.7% during the 3rd quarter. DORVAL Corp now owns 220,075 shares of the company’s stock worth $13,279,000 after buying an additional 3,745 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new position in shares of Invesco S&P MidCap Low Volatility ETF in the third quarter valued at $11,413,000. PFS Partners LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 0.6% in the third quarter. PFS Partners LLC now owns 126,057 shares of the company’s stock valued at $7,695,000 after purchasing an additional 814 shares during the last quarter. Finally, Obsidian Personal Planning Solutions LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 8.8% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 120,459 shares of the company’s stock valued at $7,364,000 after purchasing an additional 9,724 shares during the period.

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.