Ameriprise Financial Inc. Grows Holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Ameriprise Financial Inc. grew its stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 1.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 212,561 shares of the company’s stock after acquiring an additional 3,723 shares during the period. Ameriprise Financial Inc. owned about 1.47% of Invesco S&P MidCap Low Volatility ETF worth $12,929,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in XMLV. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the 4th quarter valued at approximately $10,750,000. Mercer Global Advisors Inc. ADV purchased a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $8,651,000. Commonwealth Equity Services LLC increased its stake in Invesco S&P MidCap Low Volatility ETF by 13.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 285,293 shares of the company’s stock worth $17,352,000 after buying an additional 33,126 shares during the period. Golden State Wealth Management LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $1,326,000. Finally, Independent Advisor Alliance purchased a new stake in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $1,304,000.

Invesco S&P MidCap Low Volatility ETF Stock Up 1.0%

Shares of XMLV opened at $62.61 on Monday. Invesco S&P MidCap Low Volatility ETF has a fifty-two week low of $54.30 and a fifty-two week high of $65.99. The firm’s 50 day moving average price is $60.16 and its 200 day moving average price is $61.50. The company has a market cap of $835.84 million, a P/E ratio of 18.03 and a beta of 0.77.

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.