Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Sets New 1-Year High – Should You Buy?

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $74.06 and last traded at $74.04, with a volume of 82345 shares traded. The stock had previously closed at $73.67.

Invesco S&P 500 Low Volatility ETF Stock Up 0.4 %

The stock has a 50-day moving average price of $72.02 and a 200 day moving average price of $68.70. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prospera Private Wealth LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 2nd quarter worth about $48,000. Triad Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the 2nd quarter worth about $50,000. Ulland Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at about $50,000. Finally, Massmutual Trust Co. FSB ADV purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at about $61,000.

Invesco S&P 500 Low Volatility ETF Company Profile

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.