Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Trading Up 0.2% – Still a Buy?

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) shares shot up 0.2% on Thursday . The company traded as high as $65.03 and last traded at $64.75. 19,858 shares changed hands during trading, a decline of 18% from the average session volume of 24,084 shares. The stock had previously closed at $64.62.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.2%

The company’s 50-day simple moving average is $65.12 and its 200-day simple moving average is $64.50. The stock has a market capitalization of $736.86 million, a price-to-earnings ratio of 18.75 and a beta of 0.69.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Several institutional investors have recently modified their holdings of the business. Dynamic Advisor Solutions LLC raised its position in Invesco S&P MidCap Low Volatility ETF by 3.1% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,696 shares of the company’s stock worth $418,000 after purchasing an additional 201 shares during the last quarter. HRT Financial LP grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 7.5% during the 4th quarter. HRT Financial LP now owns 3,419 shares of the company’s stock worth $213,000 after buying an additional 240 shares during the period. Pacific Sun Financial Corp increased its stake in Invesco S&P MidCap Low Volatility ETF by 1.4% in the first quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock valued at $1,308,000 after purchasing an additional 290 shares in the last quarter. Creative Planning increased its position in Invesco S&P MidCap Low Volatility ETF by 6.3% in the 2nd quarter. Creative Planning now owns 5,634 shares of the company’s stock valued at $347,000 after buying an additional 336 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 5.3% during the second quarter. Invesco Ltd. now owns 7,012 shares of the company’s stock worth $432,000 after purchasing an additional 354 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.