Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sets New 1-Year High at $58.67

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $58.67 and last traded at $58.28, with a volume of 11929 shares changing hands. The stock had previously closed at $58.55.

Invesco S&P MidCap Low Volatility ETF Price Performance

The stock has a market capitalization of $843.43 million, a price-to-earnings ratio of 17.33 and a beta of 0.72. The business’s fifty day moving average price is $55.90 and its 200-day moving average price is $55.01.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $503,201,000. Stratos Wealth Partners LTD. purchased a new position in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $285,000. Investment Partners Asset Management Inc. purchased a new position in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $760,000. Obsidian Personal Planning Solutions LLC raised its position in Invesco S&P MidCap Low Volatility ETF by 2.8% in the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 98,250 shares of the company’s stock worth $5,225,000 after acquiring an additional 2,655 shares during the period. Finally, Silver Oak Securities Incorporated raised its position in Invesco S&P MidCap Low Volatility ETF by 112.3% in the fourth quarter. Silver Oak Securities Incorporated now owns 1,446 shares of the company’s stock worth $77,000 after acquiring an additional 765 shares during the period.

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.