Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Stock Position Increased by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 1.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 392,753 shares of the company’s stock after buying an additional 6,911 shares during the period. Bank of New York Mellon Corp owned approximately 2.72% of Invesco S&P MidCap Low Volatility ETF worth $23,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of XMLV. Stifel Financial Corp raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 61.3% during the third quarter. Stifel Financial Corp now owns 67,398 shares of the company’s stock worth $4,114,000 after purchasing an additional 25,618 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $1,326,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $1,209,000. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the third quarter worth $905,000. Finally, Portland Financial Advisors Inc acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $736,000.

Invesco S&P MidCap Low Volatility ETF Stock Up 0.8 %

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $62.00 on Monday. The stock’s fifty day moving average is $61.40 and its 200-day moving average is $61.64. The firm has a market capitalization of $775.62 million, a PE ratio of 18.62 and a beta of 0.85. Invesco S&P MidCap Low Volatility ETF has a 12-month low of $53.37 and a 12-month high of $65.99.

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.