MML Investors Services LLC Reduces Position in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

MML Investors Services LLC decreased its stake in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,207 shares of the company’s stock after selling 1,509 shares during the period. MML Investors Services LLC owned 0.39% of Invesco S&P MidCap Low Volatility ETF worth $3,431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James & Associates increased its stake in Invesco S&P MidCap Low Volatility ETF by 1.0% in the second quarter. Raymond James & Associates now owns 90,608 shares of the company’s stock valued at $5,004,000 after purchasing an additional 892 shares during the last quarter. PSI Advisors LLC increased its stake in Invesco S&P MidCap Low Volatility ETF by 144.2% in the second quarter. PSI Advisors LLC now owns 923 shares of the company’s stock valued at $51,000 after purchasing an additional 545 shares during the last quarter. Obsidian Personal Planning Solutions LLC increased its stake in Invesco S&P MidCap Low Volatility ETF by 4.5% in the second quarter. Obsidian Personal Planning Solutions LLC now owns 110,735 shares of the company’s stock valued at $6,116,000 after purchasing an additional 4,785 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Invesco S&P MidCap Low Volatility ETF by 5.8% in the second quarter. Bank of New York Mellon Corp now owns 373,249 shares of the company’s stock valued at $20,615,000 after purchasing an additional 20,592 shares during the last quarter. Finally, Harbour Investments Inc. increased 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 purchasing an additional 501 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Shares of NYSEARCA:XMLV opened at $63.36 on Friday. The firm has a market capitalization of $914.28 million, a PE ratio of 17.33 and a beta of 0.72. The business has a 50-day moving average of $62.93 and a two-hundred day moving average of $59.51. Invesco S&P MidCap Low Volatility ETF has a 12 month low of $52.03 and a 12 month high of $65.99.

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.