Comerica Bank Trims Holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Comerica Bank reduced its stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 28.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,358 shares of the company’s stock after selling 531 shares during the quarter. Comerica Bank’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $83,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at $10,750,000. Orion Portfolio Solutions LLC purchased a new position in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth approximately $790,000. Bank of New York Mellon Corp grew its stake in Invesco S&P MidCap Low Volatility ETF by 1.8% during the 4th quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock worth $23,887,000 after buying an additional 6,911 shares during the last quarter. 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 last quarter. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the 4th quarter valued at approximately $356,000.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of XMLV stock opened at $62.61 on Monday. Invesco S&P MidCap Low Volatility ETF has a 1 year low of $54.30 and a 1 year high of $65.99. The stock has a market cap of $835.84 million, a PE ratio of 18.03 and a beta of 0.77. The stock has a fifty day moving average price of $60.16 and a 200 day moving average price of $61.50.

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.