Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw an uptick in trading volume on Tuesday . 85,290 shares changed hands during mid-day trading, an increase of 179% from the previous session’s volume of 30,536 shares.The stock last traded at $66.0250 and had previously closed at $65.96.

Invesco S&P MidCap Low Volatility ETF Stock Up 1.1%

The company has a market capitalization of $787.80 million, a PE ratio of 18.75 and a beta of 0.76. The stock has a 50-day moving average of $64.41 and a 200 day moving average of $63.51.

Institutional Investors Weigh In On Invesco S&P MidCap Low Volatility ETF

Hedge funds have recently made changes to their positions in the business. DORVAL Corp raised its stake in Invesco S&P MidCap Low Volatility ETF by 4.6% in the 3rd quarter. DORVAL Corp now owns 244,915 shares of the company’s stock valued at $15,567,000 after acquiring an additional 10,679 shares during the period. Inspire Advisors LLC bought a new position in Invesco S&P MidCap Low Volatility ETF during the second quarter worth about $243,000. Avid Wealth Partners LLC increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 5.8% in the third quarter. Avid Wealth Partners LLC now owns 148,632 shares of the company’s stock worth $9,447,000 after purchasing an additional 8,154 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 25.5% in the second quarter. JPMorgan Chase & Co. now owns 140,226 shares of the company’s stock valued at $8,648,000 after purchasing an additional 28,497 shares during the period. Finally, Jones Financial Companies Lllp raised its position 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 purchasing an additional 18,570 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.