Advisory Alpha LLC Reduces Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Advisory Alpha LLC lowered its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 23,937 shares of the company’s stock after selling 347 shares during the period. Advisory Alpha LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,555,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLV. Belpointe Asset Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 33.5% in the fourth quarter. Belpointe Asset Management LLC now owns 6,615 shares of the company’s stock worth $414,000 after purchasing an additional 1,660 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 9.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 48,959 shares of the company’s stock worth $3,068,000 after purchasing an additional 4,428 shares during the last quarter. Exencial Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth $236,000. Envestnet Asset Management Inc. boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 50.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,385,562 shares of the company’s stock worth $86,819,000 after acquiring an additional 465,676 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 151.3% during the 4th quarter. Waterloo Capital L.P. now owns 103,688 shares of the company’s stock worth $6,497,000 after acquiring an additional 62,432 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $71.78 on Wednesday. The company’s fifty day simple moving average is $69.57 and its 200-day simple moving average is $66.60. The stock has a market capitalization of $7.76 billion, a PE ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 1-year low of $57.17 and a 1-year high of $71.93.

About Invesco S&P 500 Low Volatility ETF

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.