Brookstone Capital Management Increases Position in Invesco S&P MidCap Low Volatility ETF $XMLV

Brookstone Capital Management lifted its holdings in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 3.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 306,429 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $19,296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XMLV. Royal Bank of Canada increased its stake in Invesco S&P MidCap Low Volatility ETF by 12.5% in the first quarter. Royal Bank of Canada now owns 91,397 shares of the company’s stock worth $5,641,000 after purchasing an additional 10,181 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 254.8% during the first quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 451 shares during the period. Creative Planning grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 6.3% in the second quarter. Creative Planning now owns 5,634 shares of the company’s stock worth $347,000 after purchasing an additional 336 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 5.3% in the second quarter. Invesco Ltd. now owns 7,012 shares of the company’s stock worth $432,000 after purchasing an additional 354 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at about $53,000.

Invesco S&P MidCap Low Volatility ETF Price Performance

Shares of XMLV stock opened at $64.75 on Monday. The company has a market capitalization of $736.86 million, a P/E ratio of 18.75 and a beta of 0.69. The company’s 50-day simple moving average is $65.11 and its two-hundred day simple moving average is $64.51. Invesco S&P MidCap Low Volatility ETF has a one year low of $60.63 and a one year high of $67.39.

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.