Synergy Investment Management LLC Takes $563,000 Position in Invesco S&P MidCap Low Volatility ETF $XMLV

Synergy Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,861 shares of the company’s stock, valued at approximately $563,000.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Invesco S&P MidCap Low Volatility ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 310,516 shares of the company’s stock valued at $19,150,000 after purchasing an additional 6,862 shares in the last quarter. DORVAL Corp increased its position in shares of Invesco S&P MidCap Low Volatility ETF by 4.6% in the 3rd quarter. DORVAL Corp now owns 244,915 shares of the company’s stock valued at $15,567,000 after buying an additional 10,679 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco S&P MidCap Low Volatility ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 225,465 shares of the company’s stock valued at $13,903,000 after buying an additional 2,801 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Invesco S&P MidCap Low Volatility ETF by 1.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 208,372 shares of the company’s stock worth $13,244,000 after buying an additional 3,166 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 193,541 shares of the company’s stock worth $11,936,000 after acquiring an additional 17,497 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.6%

NYSEARCA:XMLV opened at $66.18 on Thursday. Invesco S&P MidCap Low Volatility ETF has a 1 year low of $54.58 and a 1 year high of $66.59. The stock has a 50-day moving average price of $64.04 and a two-hundred day moving average price of $63.34. The stock has a market cap of $778.28 million, a price-to-earnings ratio of 18.75 and a beta of 0.76.

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.