Virtu Financial LLC Purchases New Holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Virtu Financial LLC purchased a new stake in 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 institutional investor purchased 12,334 shares of the company’s stock, valued at approximately $750,000.

A number of other hedge funds also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA bought a new position in shares of Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth about $28,000. Synergy Investment Management LLC bought a new position in Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth about $183,000. Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P MidCap Low Volatility ETF during the fourth quarter valued at approximately $209,000. Steward Partners Investment Advisory LLC grew its stake in shares of Invesco S&P MidCap Low Volatility ETF by 15.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,527 shares of the company’s stock valued at $215,000 after purchasing an additional 463 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 14.9% in the 4th quarter. Allworth Financial LP now owns 3,983 shares of the company’s stock worth $246,000 after buying an additional 516 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Invesco S&P MidCap Low Volatility ETF stock opened at $61.30 on Tuesday. The business has a 50 day simple moving average of $61.60 and a 200 day simple moving average of $61.76. The company has a market capitalization of $774.83 million, a PE ratio of 18.03 and a beta of 0.83. Invesco S&P MidCap Low Volatility ETF has a one year low of $53.37 and a one year high of $65.99.

Invesco S&P MidCap Low Volatility ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.5122 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Invesco S&P MidCap Low Volatility ETF’s previous dividend of $0.30.

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.