MGB Wealth Management LLC Sells 1,131 Shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)

MGB Wealth Management LLC lowered its position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) by 3.7% in the 1st quarter, HoldingsChannel reports. The firm owned 29,467 shares of the company’s stock after selling 1,131 shares during the quarter. MGB Wealth Management LLC’s holdings in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF were worth $1,473,000 at the end of the most recent reporting period.

Separately, Focus Financial Network Inc. ADV purchased a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF during the fourth quarter valued at about $353,000.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Stock Up 1.0 %

Shares of XRLV traded up $0.51 during trading hours on Friday, hitting $49.81. The company had a trading volume of 966 shares, compared to its average volume of 1,408. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a 52-week low of $43.56 and a 52-week high of $50.14. The stock’s 50 day moving average price is $49.29 and its 200 day moving average price is $48.67. The firm has a market cap of $41.84 million, a P/E ratio of 23.04 and a beta of 0.46.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility.