Ipswich Investment Management Co. Inc. Takes $217,000 Position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Ipswich Investment Management Co. Inc. bought a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) during the third quarter, HoldingsChannel.com reports. The fund bought 3,558 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds have also recently added to or reduced their stakes in XMLV. Whitaker Myers Wealth Managers LTD. lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 2.7% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 7,884 shares of the company’s stock valued at $435,000 after purchasing an additional 204 shares during the last quarter. Investment Partners Asset Management Inc. boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 1.5% in the 2nd quarter. Investment Partners Asset Management Inc. now owns 14,618 shares of the company’s stock valued at $807,000 after purchasing an additional 209 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 375.0% during the third quarter. Farther Finance Advisors LLC now owns 494 shares of the company’s stock worth $30,000 after buying an additional 390 shares during the last quarter. Creative Planning lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 7.4% in the second quarter. Creative Planning now owns 5,870 shares of the company’s stock valued at $324,000 after buying an additional 405 shares during the period. Finally, Harbour Investments Inc. boosted its stake in Invesco S&P MidCap Low Volatility ETF by 1.6% in the second quarter. Harbour Investments Inc. now owns 32,144 shares of the company’s stock valued at $1,775,000 after acquiring an additional 501 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of Invesco S&P MidCap Low Volatility ETF stock opened at $63.18 on Friday. The firm has a fifty day moving average of $61.36 and a two-hundred day moving average of $58.38. The stock has a market capitalization of $911.69 million, a price-to-earnings ratio of 17.33 and a beta of 0.72. Invesco S&P MidCap Low Volatility ETF has a 52 week low of $50.25 and a 52 week high of $64.84.

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.