Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Large Volume Increase – Here’s Why

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw strong trading volume on Friday . Approximately 45,394 shares changed hands during mid-day trading, an increase of 97% from the previous session’s volume of 23,014 shares.The stock last traded at $68.65 and had previously closed at $68.64.

Invesco S&P MidCap Low Volatility ETF Stock Down 0.1%

The stock has a market cap of $750.48 million, a PE ratio of 18.75 and a beta of 0.69. The firm has a 50 day moving average price of $66.37 and a 200 day moving average price of $65.45.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in XMLV. HRT Financial LP lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 7.5% in the 4th quarter. HRT Financial LP now owns 3,419 shares of the company’s stock valued at $213,000 after buying an additional 240 shares during the period. Pacific Sun Financial Corp grew its holdings in Invesco S&P MidCap Low Volatility ETF by 1.4% during the first quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock worth $1,308,000 after acquiring an additional 290 shares during the period. Creative Planning raised its position in Invesco S&P MidCap Low Volatility ETF by 6.3% in the second quarter. Creative Planning now owns 5,634 shares of the company’s stock worth $347,000 after acquiring an additional 336 shares in the last quarter. Invesco Ltd. raised its position in Invesco S&P MidCap Low Volatility ETF by 5.3% in the second quarter. Invesco Ltd. now owns 7,012 shares of the company’s stock worth $432,000 after acquiring an additional 354 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 172.8% in the third quarter. Larson Financial Group LLC now owns 622 shares of the company’s stock valued at $40,000 after acquiring an additional 394 shares during the period.

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.