Commonwealth Equity Services LLC Buys 153,165 Shares of Invesco S&P MidCap Low Volatility ETF $XMLV

Commonwealth Equity Services LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the third quarter, HoldingsChannel reports. The firm purchased 153,165 shares of the company’s stock, valued at approximately $9,645,000.

Other hedge funds have also made changes to their positions in the company. Pacific Sun Financial Corp boosted its position in shares of Invesco S&P MidCap Low Volatility ETF by 1.4% in the 1st quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock worth $1,308,000 after buying an additional 290 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in Invesco S&P MidCap Low Volatility ETF by 1.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 40,788 shares of the company’s stock valued at $2,568,000 after acquiring an additional 508 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the 3rd quarter valued at about $40,000. Western Wealth Management LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the 1st quarter valued at about $71,000. Finally, Fifth Third Bancorp increased its holdings in Invesco S&P MidCap Low Volatility ETF by 25.4% during the 1st quarter. Fifth Third Bancorp now owns 5,633 shares of the company’s stock valued at $355,000 after acquiring an additional 1,141 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.5%

Shares of XMLV opened at $66.74 on Friday. The stock has a market cap of $730.14 million, a P/E ratio of 16.49 and a beta of 0.67. The company has a 50-day moving average of $65.30 and a two-hundred day moving average of $65.80. Invesco S&P MidCap Low Volatility ETF has a 12-month low of $61.93 and a 12-month high of $70.21.

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.