Brookstone Capital Management Decreases Stock Position in Invesco S&P MidCap Low Volatility ETF $XMLV

Brookstone Capital Management cut its position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 312,946 shares of the company’s stock after selling 9,316 shares during the period. Brookstone Capital Management owned 2.54% of Invesco S&P MidCap Low Volatility ETF worth $19,891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in Invesco S&P MidCap Low Volatility ETF by 281.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,288 shares of the company’s stock worth $82,000 after purchasing an additional 950 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Invesco S&P MidCap Low Volatility ETF during the second quarter worth about $58,000. Bank of America Corp DE boosted its position in Invesco S&P MidCap Low Volatility ETF by 3.1% during the second quarter. Bank of America Corp DE now owns 112,925 shares of the company’s stock worth $6,964,000 after acquiring an additional 3,391 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Invesco S&P MidCap Low Volatility ETF by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 225,465 shares of the company’s stock valued at $13,903,000 after acquiring an additional 2,801 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at about $668,000.

Invesco S&P MidCap Low Volatility ETF Price Performance

XMLV opened at $63.09 on Thursday. The firm has a market capitalization of $770.33 million, a price-to-earnings ratio of 18.75 and a beta of 0.76. The company’s 50 day simple moving average is $62.80 and its two-hundred day simple moving average is $62.64. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $54.58 and a 1-year high of $64.50.

Invesco S&P MidCap Low Volatility ETF 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.