Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Large Volume Increase – What’s Next?

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) shares saw unusually-high trading volume on Tuesday . Approximately 85,290 shares changed hands during trading, an increase of 179% from the previous session’s volume of 30,536 shares.The stock last traded at $66.0250 and had previously closed at $65.96.

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

The company’s 50-day moving average is $64.22 and its 200-day moving average is $63.44. The stock has a market capitalization of $777.16 million, a price-to-earnings ratio of 18.75 and a beta of 0.76.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Several institutional investors have recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $29,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $33,000. Geneos Wealth Management Inc. raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after acquiring an additional 451 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at $40,000. Finally, Larson Financial Group LLC boosted its holdings in Invesco S&P MidCap Low Volatility ETF by 172.8% in the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after purchasing an additional 394 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.