Tranquility Partners LLC Decreases Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Tranquility Partners LLC lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 16.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 23,805 shares of the company’s stock after selling 4,857 shares during the period. Tranquility Partners LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,492,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 117.2% in the first quarter. JPMorgan Chase & Co. now owns 79,254 shares of the company’s stock valued at $5,317,000 after buying an additional 539,472 shares during the last quarter. Cibc World Market Inc. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 5.7% in the first quarter. Cibc World Market Inc. now owns 6,056 shares of the company’s stock valued at $406,000 after buying an additional 327 shares during the last quarter. Moors & Cabot Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $292,000. Sequoia Financial Advisors LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF by 31.4% in the first quarter. Sequoia Financial Advisors LLC now owns 6,370 shares of the company’s stock valued at $427,000 after buying an additional 1,521 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 38.3% in the first quarter. Baird Financial Group Inc. now owns 141,759 shares of the company’s stock valued at $9,511,000 after buying an additional 39,284 shares during the last quarter.

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

Shares of NYSEARCA:SPLV traded up $0.22 during trading on Wednesday, reaching $62.83. The stock had a trading volume of 2,331,221 shares, compared to its average volume of 2,241,985. The business has a fifty day moving average price of $64.24 and a 200-day moving average price of $62.18. The stock has a market cap of $7.16 billion, a P/E ratio of 22.84 and a beta of 0.49. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $57.17 and a fifty-two week high of $65.99.

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.