International Assets Investment Management LLC Trims Holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

International Assets Investment Management LLC lowered its stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 3.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,674 shares of the company’s stock after selling 184 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp boosted its holdings in Invesco S&P MidCap Low Volatility ETF by 1.8% in the fourth quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock worth $23,887,000 after purchasing an additional 6,911 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 58.0% in the 4th quarter. Jones Financial Companies Lllp now owns 57,694 shares of the company’s stock valued at $3,509,000 after buying an additional 21,181 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 15.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,527 shares of the company’s stock valued at $215,000 after buying an additional 463 shares during the last quarter. Synergy Investment Management LLC bought a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter valued at about $183,000. Finally, Raymond James Financial Inc. acquired a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $10,750,000.

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

Shares of XMLV stock opened at $61.57 on Friday. The company has a market cap of $815.80 million, a P/E ratio of 18.75 and a beta of 0.80. The business has a 50 day moving average of $61.20 and a two-hundred day moving average of $61.05. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $54.30 and a 52 week 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.