Daiwa Securities Group Inc. Buys Shares of 6,100 Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Daiwa Securities Group Inc. purchased a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,100 shares of the company’s stock, valued at approximately $372,000.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 5.8% during the second quarter. Bank of New York Mellon Corp now owns 373,249 shares of the company’s stock worth $20,615,000 after acquiring an additional 20,592 shares in the last quarter. DORVAL Corp lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 1.7% during the 3rd quarter. DORVAL Corp now owns 220,075 shares of the company’s stock valued at $13,279,000 after purchasing an additional 3,745 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at approximately $11,413,000. PFS Partners LLC increased its stake in Invesco S&P MidCap Low Volatility ETF by 0.6% during the 3rd quarter. PFS Partners LLC now owns 126,057 shares of the company’s stock worth $7,695,000 after purchasing an additional 814 shares in the last quarter. Finally, Obsidian Personal Planning Solutions LLC raised its holdings in Invesco S&P MidCap Low Volatility ETF by 8.8% during the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 120,459 shares of the company’s stock worth $7,364,000 after buying an additional 9,724 shares during the period.

Invesco S&P MidCap Low Volatility ETF Stock Up 0.3 %

Shares of NYSEARCA:XMLV opened at $65.44 on Friday. The firm has a market cap of $944.30 million, a price-to-earnings ratio of 17.33 and a beta of 0.72. Invesco S&P MidCap Low Volatility ETF has a 12 month low of $50.41 and a 12 month high of $65.99. The company’s fifty day simple moving average is $62.29 and its 200 day simple moving average is $59.01.

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.