Beacon Harbor Wealth Advisors Inc. Makes New $11.41 Million Investment in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Beacon Harbor Wealth Advisors Inc. bought a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 186,978 shares of the company’s stock, valued at approximately $11,413,000. Invesco S&P MidCap Low Volatility ETF accounts for about 2.7% of Beacon Harbor Wealth Advisors Inc.’s portfolio, making the stock its 8th biggest position. Beacon Harbor Wealth Advisors Inc. owned about 1.30% of Invesco S&P MidCap Low Volatility ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Cetera Advisors LLC boosted its holdings in Invesco S&P MidCap Low Volatility ETF by 193.1% during the 1st quarter. Cetera Advisors LLC now owns 21,100 shares of the company’s stock valued at $1,190,000 after acquiring an additional 13,900 shares during the period. Lmcg Investments LLC boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 26.9% during the second quarter. Lmcg Investments LLC now owns 13,671 shares of the company’s stock valued at $755,000 after purchasing an additional 2,901 shares during the period. Cetera Investment Advisers grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 501.2% in the first quarter. Cetera Investment Advisers now owns 63,394 shares of the company’s stock worth $3,575,000 after purchasing an additional 52,850 shares during the last quarter. Raymond James & Associates increased its stake in Invesco S&P MidCap Low Volatility ETF by 1.0% in the 2nd quarter. Raymond James & Associates now owns 90,608 shares of the company’s stock worth $5,004,000 after buying an additional 892 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Invesco S&P MidCap Low Volatility ETF by 5.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 373,249 shares of the company’s stock valued at $20,615,000 after buying an additional 20,592 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Shares of XMLV stock opened at $63.27 on Friday. The company has a market capitalization of $912.99 million, a P/E ratio of 17.33 and a beta of 0.72. The company’s 50-day simple moving average is $60.85 and its two-hundred day simple moving average is $58.01. Invesco S&P MidCap Low Volatility ETF has a one year low of $48.86 and a one year high of $63.71.

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.