Fmr LLC Purchases 1,774 Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Fmr LLC increased its position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 51.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,217 shares of the company’s stock after purchasing an additional 1,774 shares during the period. Fmr LLC’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $318,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of XMLV. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 375.0% in the third quarter. Farther Finance Advisors LLC now owns 494 shares of the company’s stock worth $30,000 after purchasing an additional 390 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at $59,000. Rothschild Investment LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at $110,000. Ridgewood Investments LLC bought a new position in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter valued at $189,000. Finally, Ipswich Investment Management Co. Inc. purchased a new position in Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth $217,000.

Invesco S&P MidCap Low Volatility ETF Price Performance

NYSEARCA XMLV opened at $61.23 on Friday. The company has a fifty day moving average price of $63.02 and a 200-day moving average price of $59.73. The firm has a market cap of $883.55 million, a price-to-earnings ratio of 17.33 and a beta of 0.72. Invesco S&P MidCap Low Volatility ETF has a 1 year low of $52.03 and a 1 year high of $65.99.

Invesco S&P MidCap Low Volatility ETF 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.