Cornerstone Wealth Management LLC Purchases 7,265 Shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Cornerstone Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 6.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,290 shares of the company’s stock after acquiring an additional 7,265 shares during the period. Cornerstone Wealth Management LLC owned about 0.78% of Invesco S&P MidCap Low Volatility ETF worth $6,390,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XMLV. International Assets Investment Management LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter worth $26,760,000. DORVAL Corp acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 4th quarter worth about $10,825,000. Mercer Global Advisors Inc. ADV acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 3rd quarter worth about $8,161,000. PFS Partners LLC increased its position in Invesco S&P MidCap Low Volatility ETF by 3.9% in the 1st quarter. PFS Partners LLC now owns 124,857 shares of the company’s stock valued at $7,042,000 after acquiring an additional 4,687 shares in the last quarter. Finally, Obsidian Personal Planning Solutions LLC raised its stake in shares of Invesco S&P MidCap Low Volatility ETF by 2.8% in the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 98,250 shares of the company’s stock worth $5,225,000 after acquiring an additional 2,655 shares during the last quarter.

Invesco S&P MidCap Low Volatility ETF Price Performance

Shares of XMLV stock traded down $0.19 during trading hours on Thursday, reaching $54.85. 13,158 shares of the company were exchanged, compared to its average volume of 42,415. Invesco S&P MidCap Low Volatility ETF has a fifty-two week low of $47.35 and a fifty-two week high of $57.14. The stock’s fifty day moving average is $55.62 and its two-hundred day moving average is $54.57. The company has a market cap of $791.49 million, a price-to-earnings ratio of 17.33 and a beta of 0.72.

About Invesco S&P MidCap Low Volatility ETF

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.