Envestnet Asset Management Inc. Sells 30,534 Shares of Invesco S&P MidCap Low Volatility ETF $XMLV

Envestnet Asset Management Inc. trimmed its position in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 9.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 279,982 shares of the company’s stock after selling 30,534 shares during the period. Envestnet Asset Management Inc. owned approximately 2.29% of Invesco S&P MidCap Low Volatility ETF worth $17,796,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its stake in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% in the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 451 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at approximately $53,000. Evolution Wealth Management Inc. acquired a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at approximately $58,000. Farther Finance Advisors LLC increased its position in Invesco S&P MidCap Low Volatility ETF by 281.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,288 shares of the company’s stock worth $82,000 after buying an additional 950 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 170.5% during the third quarter. Global Retirement Partners LLC now owns 2,337 shares of the company’s stock worth $149,000 after buying an additional 1,473 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Up 0.6%

XMLV opened at $66.32 on Friday. The business has a 50 day moving average of $63.80 and a 200-day moving average of $63.23. The stock has a market capitalization of $779.92 million, a price-to-earnings ratio of 18.75 and a beta of 0.76. Invesco S&P MidCap Low Volatility ETF has a 1-year low of $54.58 and a 1-year high of $66.57.

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.