Investment Partners Asset Management Inc. Purchases 1,097 Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Investment Partners Asset Management Inc. increased its holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 7.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,109 shares of the company’s stock after acquiring an additional 1,097 shares during the quarter. Investment Partners Asset Management Inc. owned approximately 0.13% of Invesco S&P MidCap Low Volatility ETF worth $994,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA bought a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at $28,000. DORVAL Corp lifted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 2.3% during the 4th quarter. DORVAL Corp now owns 225,111 shares of the company’s stock worth $13,691,000 after purchasing an additional 5,036 shares during the last quarter. Allworth Financial LP lifted 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 during the last quarter. J.W. Cole Advisors Inc. bought a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter valued at about $356,000. Finally, Atlas Legacy Advisors LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at about $303,000.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $62.01 on Wednesday. The company has a market capitalization of $825.97 million, a PE ratio of 18.03 and a beta of 0.78. The company has a 50-day simple moving average of $60.27 and a two-hundred day simple moving average of $61.31. Invesco S&P MidCap Low Volatility ETF has a one year low of $54.30 and a one year high of $65.99.

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.