Chris Bulman Inc Purchases New Stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV)

Chris Bulman Inc purchased a new stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) during the 2nd quarter, Holdings Channel reports. The firm purchased 4,284 shares of the company’s stock, valued at approximately $237,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 2.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 465,857 shares of the company’s stock valued at $26,274,000 after buying an additional 9,072 shares in 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 2nd quarter. Bank of New York Mellon Corp now owns 373,249 shares of the company’s stock worth $20,615,000 after purchasing an additional 20,592 shares in the last quarter. DORVAL Corp raised its holdings in Invesco S&P MidCap Low Volatility ETF by 2.7% during the 1st quarter. DORVAL Corp now owns 209,050 shares of the company’s stock worth $11,383,000 after buying an additional 5,499 shares during the period. PFS Partners LLC lifted its position in shares of 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, Cornerstone Wealth Management LLC lifted its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 6.9% in the first quarter. Cornerstone Wealth Management LLC now owns 113,290 shares of the company’s stock valued at $6,390,000 after purchasing an additional 7,265 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Stock Down 1.0 %

XMLV stock opened at $58.77 on Friday. The company has a 50 day moving average of $57.75 and a two-hundred day moving average of $56.17. Invesco S&P MidCap Low Volatility ETF has a 12-month low of $47.35 and a 12-month high of $60.34. The company has a market cap of $848.05 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.