Smith Salley Wealth Management Trims Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Smith Salley Wealth Management reduced its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.9% during the 4th quarter, Holdings Channel reports. The fund owned 18,381 shares of the company’s stock after selling 548 shares during the period. Smith Salley Wealth Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter worth about $4,046,000. Edgestream Partners L.P. boosted its position in Invesco S&P 500 Low Volatility ETF by 43.7% in the 2nd quarter. Edgestream Partners L.P. now owns 7,316 shares of the company’s stock worth $475,000 after purchasing an additional 2,224 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 4.3% during the 2nd quarter. Blair William & Co. IL now owns 22,667 shares of the company’s stock worth $1,472,000 after purchasing an additional 936 shares during the period. Hsbc Holdings PLC increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 92.6% during the 2nd quarter. Hsbc Holdings PLC now owns 56,412 shares of the company’s stock valued at $3,675,000 after purchasing an additional 27,124 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 76,354 shares of the company’s stock valued at $4,959,000 after purchasing an additional 837 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock opened at $70.90 on Friday. Invesco S&P 500 Low Volatility ETF has a one year low of $62.37 and a one year high of $75.14. The firm’s fifty day moving average is $71.66 and its 200 day moving average is $70.41. The firm has a market cap of $7.67 billion, a PE ratio of 23.07 and a beta of 0.47.

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.