Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw unusually-high trading volume on Friday . Approximately 90,622 shares traded hands during trading, an increase of 158% from the previous session’s volume of 35,125 shares.The stock last traded at $63.55 and had previously closed at $63.15.

Invesco S&P MidCap Low Volatility ETF Stock Performance

The company has a market capitalization of $797.95 million, a P/E ratio of 18.75 and a beta of 0.80. The firm’s fifty day moving average is $63.03 and its 200-day moving average is $61.68.

Institutional Investors Weigh In On Invesco S&P MidCap Low Volatility ETF

Institutional investors have recently added to or reduced their stakes in the business. CX Institutional bought a new stake in Invesco S&P MidCap Low Volatility ETF during the 1st quarter worth approximately $25,000. DHJJ Financial Advisors Ltd. bought a new stake in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter worth approximately $32,000. Geneos Wealth Management Inc. grew its holdings in Invesco S&P MidCap Low Volatility ETF by 254.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 451 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter worth approximately $53,000. Finally, Global Assets Advisory LLC bought a new stake in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter worth approximately $55,000.

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.