Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Reaches New 1-Year High – Should You Buy?

Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) reached a new 52-week high during trading on Thursday . The stock traded as high as $64.62 and last traded at $64.5650, with a volume of 4551 shares. The stock had previously closed at $64.09.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.7%

The company has a market capitalization of $773.20 million, a PE ratio of 18.75 and a beta of 0.76. The firm’s 50-day simple moving average is $63.05 and its 200-day simple moving average is $62.83.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of XMLV. Dynamic Advisor Solutions LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 3.1% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,696 shares of the company’s stock worth $418,000 after buying an additional 201 shares during the period. Ameritas Advisory Services LLC raised its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 2.1% in the third quarter. Ameritas Advisory Services LLC now owns 10,326 shares of the company’s stock valued at $656,000 after acquiring an additional 216 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P MidCap Low Volatility ETF by 2.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,962 shares of the company’s stock worth $754,000 after acquiring an additional 250 shares during the period. Atria Wealth Solutions Inc. lifted its stake in Invesco S&P MidCap Low Volatility ETF by 3.1% in the second quarter. Atria Wealth Solutions Inc. now owns 8,879 shares of the company’s stock worth $548,000 after acquiring an additional 263 shares during the period. Finally, Accel Wealth Management grew its holdings in Invesco S&P MidCap Low Volatility ETF by 4.9% during the 2nd quarter. Accel Wealth Management now owns 6,198 shares of the company’s stock worth $382,000 after acquiring an additional 292 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Company Profile

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.