Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Reaches New 1-Year High – Still a Buy?

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLVGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $64.86 and last traded at $64.86, with a volume of 11747 shares traded. The stock had previously closed at $64.32.

Invesco S&P MidCap Low Volatility ETF Stock Performance

The stock’s 50 day moving average price is $61.82 and its 200 day moving average price is $58.69. The company has a market capitalization of $935.50 million, a P/E ratio of 17.33 and a beta of 0.72.

Hedge Funds Weigh In On Invesco S&P MidCap Low Volatility ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Invesco S&P MidCap Low Volatility ETF by 88.8% in the 3rd quarter. Jane Street Group LLC now owns 14,457 shares of the company’s stock worth $882,000 after acquiring an additional 6,798 shares in the last quarter. Stifel Financial Corp increased its holdings in Invesco S&P MidCap Low Volatility ETF by 61.3% in 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 in the last quarter. FMR LLC increased its holdings in Invesco S&P MidCap Low Volatility ETF by 51.5% in the third quarter. FMR LLC now owns 5,217 shares of the company’s stock worth $318,000 after purchasing an additional 1,774 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in Invesco S&P MidCap Low Volatility ETF in the third quarter valued at approximately $372,000. Finally, CFS Investment Advisory Services LLC bought a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth approximately $315,000.

About Invesco S&P MidCap Low Volatility ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco S&P MidCap Low Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.