Envestnet Asset Management Inc. Cuts Stake in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV)

Envestnet Asset Management Inc. trimmed its stake in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) by 6.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,075 shares of the company’s stock after selling 4,260 shares during the quarter. Envestnet Asset Management Inc. owned about 0.81% of Invesco S&P SmallCap Low Volatility ETF worth $2,710,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Eagle Strategies LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the 2nd quarter worth $430,000. Hazlett Burt & Watson Inc. grew its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 47.6% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,293 shares of the company’s stock worth $56,000 after purchasing an additional 417 shares during the period. Chris Bulman Inc acquired a new stake in Invesco S&P SmallCap Low Volatility ETF during the 2nd quarter worth approximately $115,000. Strategic Financial Concepts LLC raised its holdings in Invesco S&P SmallCap Low Volatility ETF by 4,871.5% in the second quarter. Strategic Financial Concepts LLC now owns 1,362,082 shares of the company’s stock valued at $595,000 after buying an additional 1,334,684 shares during the period. Finally, Armbruster Capital Management Inc. lifted its position in Invesco S&P SmallCap Low Volatility ETF by 9.8% during the second quarter. Armbruster Capital Management Inc. now owns 192,589 shares of the company’s stock valued at $8,408,000 after buying an additional 17,151 shares in the last quarter.

Invesco S&P SmallCap Low Volatility ETF Stock Up 1.1 %

Invesco S&P SmallCap Low Volatility ETF stock opened at $47.48 on Friday. The firm has a fifty day moving average of $47.08 and a 200-day moving average of $44.91. Invesco S&P SmallCap Low Volatility ETF has a 52-week low of $37.69 and a 52-week high of $48.85. The firm has a market capitalization of $365.12 million, a P/E ratio of 16.79 and a beta of 0.88.

About Invesco S&P SmallCap Low Volatility ETF

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.