Graypoint LLC Lowers Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Graypoint LLC reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 3.7% during the 4th quarter, HoldingsChannel reports. The fund owned 9,517 shares of the company’s stock after selling 362 shares during the period. Graypoint LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $666,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Low Volatility ETF by 2.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after acquiring an additional 36,008 shares during the last quarter. Citigroup Inc. increased its position in Invesco S&P 500 Low Volatility ETF by 1,481.1% during the 3rd quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 369,250 shares of the company’s stock valued at $26,486,000 after buying an additional 4,052 shares in the last quarter. Raymond James & Associates lifted its position in Invesco S&P 500 Low Volatility ETF by 7.7% during the third quarter. Raymond James & Associates now owns 364,102 shares of the company’s stock valued at $26,117,000 after buying an additional 25,902 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 1.8% during the third quarter. Private Advisor Group LLC now owns 341,081 shares of the company’s stock worth $24,466,000 after buying an additional 6,130 shares during the period.

Invesco S&P 500 Low Volatility ETF Trading Down 1.8 %

Shares of SPLV stock opened at $68.32 on Friday. The company has a market cap of $7.39 billion, a PE ratio of 23.07 and a beta of 0.47. The company’s fifty day simple moving average is $71.88 and its 200-day simple moving average is $70.24. Invesco S&P 500 Low Volatility ETF has a 52 week low of $62.37 and a 52 week high of $75.14.

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.