Raymond James Financial Inc. Invests $10.75 Million in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Raymond James Financial Inc. bought a new stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 176,750 shares of the company’s stock, valued at approximately $10,750,000.

Several other institutional investors also recently bought and sold shares of XMLV. Synergy Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Low Volatility ETF during the fourth quarter worth $183,000. Steward Partners Investment Advisory LLC increased its position in Invesco S&P MidCap Low Volatility ETF by 15.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,527 shares of the company’s stock valued at $215,000 after buying an additional 463 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Invesco S&P MidCap Low Volatility ETF by 58.0% in the fourth quarter. Jones Financial Companies Lllp now owns 57,694 shares of the company’s stock valued at $3,509,000 after buying an additional 21,181 shares during the last quarter. MorganRosel Wealth Management LLC raised its stake in Invesco S&P MidCap Low Volatility ETF by 9.1% in the fourth quarter. MorganRosel Wealth Management LLC now owns 13,226 shares of the company’s stock valued at $804,000 after buying an additional 1,107 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Invesco S&P MidCap Low Volatility ETF by 1.8% in the fourth quarter. Bank of New York Mellon Corp now owns 392,753 shares of the company’s stock worth $23,887,000 after acquiring an additional 6,911 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Down 0.4 %

XMLV opened at $61.53 on Friday. The company has a market cap of $777.74 million, a P/E ratio of 18.03 and a beta of 0.83. The firm’s 50-day moving average price is $61.52 and its 200-day moving average price is $61.71. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $53.37 and a 52-week high of $65.99.

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.