Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Position Cut by Moneywise Inc.

Moneywise Inc. trimmed its holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 18.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,533 shares of the company’s stock after selling 3,282 shares during the quarter. Moneywise Inc.’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in XMLV. Farther Finance Advisors LLC grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 375.0% in the third quarter. Farther Finance Advisors LLC now owns 494 shares of the company’s stock valued at $30,000 after purchasing an additional 390 shares during the last quarter. Creative Planning increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 7.4% during the second quarter. Creative Planning now owns 5,870 shares of the company’s stock worth $324,000 after buying an additional 405 shares in the last quarter. Liberty One Investment Management LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 1.0% during the fourth quarter. Liberty One Investment Management LLC now owns 42,148 shares of the company’s stock worth $2,563,000 after buying an additional 409 shares in the last quarter. Johnson & White Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 2.4% in the fourth quarter. Johnson & White Wealth Management LLC now owns 32,074 shares of the company’s stock valued at $1,944,000 after purchasing an additional 763 shares in the last quarter. Finally, Sheets Smith Wealth Management increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 6.5% in the fourth quarter. Sheets Smith Wealth Management now owns 13,331 shares of the company’s stock valued at $811,000 after purchasing an additional 810 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Performance

XMLV opened at $62.18 on Thursday. The company has a fifty day moving average price of $62.05 and a two-hundred day moving average price of $61.05. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $52.36 and a 52 week high of $65.99. The firm has a market capitalization of $897.26 million, a PE ratio of 17.33 and a beta of 0.72.

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.