Brookstone Capital Management Sells 10,996 Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Brookstone Capital Management decreased its stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 3.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 359,057 shares of the company’s stock after selling 10,996 shares during the quarter. Brookstone Capital Management owned 2.49% of Invesco S&P MidCap Low Volatility ETF worth $20,906,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. MorganRosel Wealth Management LLC increased its stake in Invesco S&P MidCap Low Volatility ETF by 12.0% during the second quarter. MorganRosel Wealth Management LLC now owns 9,878 shares of the company’s stock valued at $546,000 after acquiring an additional 1,055 shares during the period. Accel Wealth Management increased its position in shares of Invesco S&P MidCap Low Volatility ETF by 10.8% during the second quarter. Accel Wealth Management now owns 6,668 shares of the company’s stock valued at $368,000 after purchasing an additional 648 shares during the period. Investment Partners Asset Management Inc. raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 1.5% in the second quarter. Investment Partners Asset Management Inc. now owns 14,618 shares of the company’s stock valued at $807,000 after purchasing an additional 209 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Invesco S&P MidCap Low Volatility ETF in the second quarter worth $35,000. Finally, Cetera Advisors LLC boosted its stake in Invesco S&P MidCap Low Volatility ETF by 193.1% during the first quarter. Cetera Advisors LLC now owns 21,100 shares of the company’s stock worth $1,190,000 after buying an additional 13,900 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of NYSEARCA:XMLV traded up $0.15 during midday trading on Friday, reaching $58.41. 11,900 shares of the company’s stock were exchanged, compared to its average volume of 42,359. The company’s 50 day simple moving average is $56.49 and its two-hundred day simple moving average is $55.51. Invesco S&P MidCap Low Volatility ETF has a 12 month low of $47.35 and a 12 month high of $59.83. The firm has a market capitalization of $842.86 million, a PE ratio of 17.33 and a beta of 0.72.

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.