Meridian Wealth Management LLC bought a new position in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) in the fourth quarter, Holdings Channel reports. The fund bought 10,790 shares of the company’s stock, valued at approximately $479,000.

A number of other large investors also recently bought and sold shares of XRLV. Belpointe Asset Management LLC bought a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF during the 3rd quarter valued at $124,000. SG Americas Securities LLC bought a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF during the 3rd quarter valued at $374,000. BB&T Securities LLC grew its position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 18.9% during the 4th quarter. BB&T Securities LLC now owns 23,964 shares of the company’s stock valued at $774,000 after acquiring an additional 3,808 shares during the period. Raymond James & Associates grew its position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 27.4% during the 2nd quarter. Raymond James & Associates now owns 25,168 shares of the company’s stock valued at $851,000 after acquiring an additional 5,408 shares during the period. Finally, MML Investors Services LLC bought a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF during the 3rd quarter valued at $984,000.

Shares of XRLV stock traded up $0.08 during mid-day trading on Monday, reaching $34.89. 3,819 shares of the company’s stock traded hands, compared to its average volume of 36,478. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a 12 month low of $30.37 and a 12 month high of $36.88.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 31st. Stockholders of record on Wednesday, January 23rd were given a dividend of $0.0569 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Tuesday, January 22nd.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Watch List News and is the property of of Watch List News. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.watchlistnews.com/meridian-wealth-management-llc-takes-479000-position-in-invesco-sp-500-ex-rate-sensitive-low-volatility-etf-xrlv/2813163.html.

Further Reading: QQQ ETF

Want to see what other hedge funds are holding XRLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV).

Institutional Ownership by Quarter for Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)

Receive News & Ratings for Invesco S&P 500 ex-Rate Sensitive 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 500 ex-Rate Sensitive Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.