Independent Advisor Alliance Buys Shares of 21,443 Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Independent Advisor Alliance purchased a new position in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,443 shares of the company’s stock, valued at approximately $1,304,000. Independent Advisor Alliance owned about 0.15% of Invesco S&P MidCap Low Volatility ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 88.8% in the third quarter. Jane Street Group LLC now owns 14,457 shares of the company’s stock valued at $882,000 after purchasing an additional 6,798 shares in the last quarter. FMR LLC lifted its stake in Invesco S&P MidCap Low Volatility ETF by 51.5% in the 3rd quarter. FMR LLC now owns 5,217 shares of the company’s stock valued at $318,000 after buying an additional 1,774 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Invesco S&P MidCap Low Volatility ETF by 1.8% during the 4th quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock valued at $23,887,000 after buying an additional 6,911 shares during the last quarter. Stifel Financial Corp increased its position in 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 buying an additional 25,618 shares in the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF in the fourth quarter worth $356,000.

Invesco S&P MidCap Low Volatility ETF Stock Up 1.8 %

XMLV opened at $61.14 on Friday. The firm has a market cap of $764.86 million, a P/E ratio of 18.62 and a beta of 0.85. The business’s fifty day simple moving average is $61.41 and its 200 day simple moving average is $61.66. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $53.37 and a 52 week 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.