International Assets Investment Management LLC Acquires Shares of 503,201 Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

International Assets Investment Management LLC bought a new position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 503,201 shares of the company’s stock, valued at approximately $26,760,000. International Assets Investment Management LLC owned about 2.80% of Invesco S&P MidCap Low Volatility ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in Invesco S&P MidCap Low Volatility ETF in the third quarter valued at about $26,821,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at about $8,161,000. Obsidian Personal Planning Solutions LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth approximately $4,313,000. HighTower Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth approximately $3,602,000. Finally, Avantax Advisory Services Inc. raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 417.3% during the third quarter. Avantax Advisory Services Inc. now owns 40,957 shares of the company’s stock worth $2,014,000 after buying an additional 33,039 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of XMLV stock opened at $55.50 on Friday. The firm’s 50 day moving average price is $55.00 and its two-hundred day moving average price is $52.88. The stock has a market cap of $800.87 million, a PE ratio of 17.33 and a beta of 0.72. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $47.35 and a 52-week high of $56.59.

Invesco S&P MidCap Low Volatility ETF Company 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.