FineMark National Bank & Trust Sells 1,254 Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

FineMark National Bank & Trust lowered its position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 5.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,786 shares of the company’s stock after selling 1,254 shares during the period. FineMark National Bank & Trust’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $1,386,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $10,750,000. Jane Street Group LLC boosted its stake in Invesco S&P MidCap Low Volatility ETF by 88.8% in the 3rd quarter. Jane Street Group LLC now owns 14,457 shares of the company’s stock worth $882,000 after purchasing an additional 6,798 shares during the period. FMR LLC grew its holdings in Invesco S&P MidCap Low Volatility ETF by 51.5% during the 3rd quarter. FMR LLC now owns 5,217 shares of the company’s stock valued at $318,000 after buying an additional 1,774 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 1.8% during the fourth quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock valued at $23,887,000 after buying an additional 6,911 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 15.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,527 shares of the company’s stock worth $215,000 after buying an additional 463 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Performance

XMLV opened at $61.05 on Wednesday. The stock has a market capitalization of $771.67 million, a price-to-earnings ratio of 18.03 and a beta of 0.83. The company has a fifty day moving average of $61.61 and a 200 day moving average of $61.77. Invesco S&P MidCap Low Volatility ETF has a fifty-two week low of $53.37 and a fifty-two week high of $65.99.

Invesco S&P MidCap Low Volatility ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.5122 dividend. This is a boost from Invesco S&P MidCap Low Volatility ETF’s previous dividend of $0.30. The ex-dividend date is Monday, March 24th.

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.