Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Hits New 52-Week High – Here’s Why

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLVGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $67.43 and last traded at $67.43, with a volume of 279 shares trading hands. The stock had previously closed at $67.17.

Invesco S&P MidCap Low Volatility ETF Price Performance

The business’s 50 day moving average is $65.30 and its 200-day moving average is $64.79. The company has a market cap of $750.04 million, a PE ratio of 18.75 and a beta of 0.69.

Hedge Funds Weigh In On Invesco S&P MidCap Low Volatility ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Basepoint Wealth LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth approximately $29,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF in the 4th quarter valued at $33,000. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 451 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF in the 4th quarter valued at $40,000. Finally, Larson Financial Group LLC grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 172.8% in the 3rd quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after buying an additional 394 shares during the last quarter.

About Invesco S&P MidCap Low Volatility ETF

(Get Free Report)

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.

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