NewEdge Advisors LLC Lowers Position in Invesco S&P 500 Low Volatility ETF $SPLV

NewEdge Advisors LLC decreased its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 13.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 119,513 shares of the company’s stock after selling 19,341 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $8,741,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 16.8% in the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after purchasing an additional 1,156,550 shares in the last quarter. Ameriprise Financial Inc. increased its position in Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after purchasing an additional 423,940 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Invesco S&P 500 Low Volatility ETF by 3.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock valued at $115,047,000 after buying an additional 57,312 shares during the period. Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 6.7% during the fourth quarter. Royal Bank of Canada now owns 1,585,210 shares of the company’s stock worth $113,216,000 after purchasing an additional 99,562 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 301.0% in the third quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock worth $106,010,000 after buying an additional 1,082,900 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock opened at $76.38 on Friday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $78.82. The firm has a market cap of $7.15 billion, a P/E ratio of 24.11 and a beta of 0.54. The stock has a 50-day simple moving average of $74.84 and a 200-day simple moving average of $74.37.

Invesco S&P 500 Low Volatility ETF 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.