Synergy Investment Management LLC Invests $563,000 in Invesco S&P MidCap Low Volatility ETF $XMLV

Synergy Investment Management LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,861 shares of the company’s stock, valued at approximately $563,000. Synergy Investment Management LLC owned 0.07% of Invesco S&P MidCap Low Volatility ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of XMLV. MorganRosel Wealth Management LLC raised its stake in Invesco S&P MidCap Low Volatility ETF by 655.5% during the 2nd quarter. MorganRosel Wealth Management LLC now owns 97,900 shares of the company’s stock valued at $6,037,000 after purchasing an additional 84,941 shares during the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 6,067.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 39,346 shares of the company’s stock worth $2,426,000 after purchasing an additional 38,708 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 25.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 140,226 shares of the company’s stock worth $8,648,000 after purchasing an additional 28,497 shares during the period. NewEdge Advisors LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 35.1% during the second quarter. NewEdge Advisors LLC now owns 96,201 shares of the company’s stock valued at $5,937,000 after buying an additional 24,996 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 16.5% in the third quarter. Jones Financial Companies Lllp now owns 131,195 shares of the company’s stock valued at $8,309,000 after buying an additional 18,570 shares during the period.

Invesco S&P MidCap Low Volatility ETF Stock Down 0.6%

XMLV stock opened at $66.18 on Thursday. Invesco S&P MidCap Low Volatility ETF has a twelve month low of $54.58 and a twelve month high of $66.59. The company has a market cap of $778.28 million, a PE ratio of 18.75 and a beta of 0.76. The business’s 50-day simple moving average is $64.04 and its 200 day simple moving average is $63.34.

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.