Commonwealth Equity Services LLC Has $17.35 Million Position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Commonwealth Equity Services LLC boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 13.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 285,293 shares of the company’s stock after purchasing an additional 33,126 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $17,352,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in XMLV. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at $28,000. Synergy Investment Management LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at about $183,000. Mainstay Capital Management LLC ADV purchased a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at about $209,000. Steward Partners Investment Advisory LLC increased its position in Invesco S&P MidCap Low Volatility ETF by 15.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,527 shares of the company’s stock worth $215,000 after purchasing an additional 463 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 14.9% during the 4th quarter. Allworth Financial LP now owns 3,983 shares of the company’s stock worth $246,000 after purchasing an additional 516 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $61.82 on Tuesday. The stock has a 50-day simple moving average of $61.44 and a 200-day simple moving average of $61.70. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $53.37 and a 52-week high of $65.99. The firm has a market cap of $781.40 million, a price-to-earnings ratio of 18.03 and a beta of 0.83.

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.