Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Shares Sold by Redwood Wealth Management Group LLC

Redwood Wealth Management Group LLC lowered its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,540 shares of the company’s stock after selling 1,695 shares during the period. Invesco S&P 500 Low Volatility ETF makes up about 2.1% of Redwood Wealth Management Group LLC’s investment portfolio, making the stock its 15th biggest position. Redwood Wealth Management Group LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,946,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SPLV. Scarborough Advisors LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $29,000. Global Trust Asset Management LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 149.3% during the 1st quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock valued at $33,000 after buying an additional 300 shares during the last quarter. Friedenthal Financial acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $34,000. Tidemark LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $34,000. Finally, Delta Asset Management LLC TN acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $46,000.

Invesco S&P 500 Low Volatility ETF Stock Up 0.7 %

Shares of SPLV stock traded up $0.48 during mid-day trading on Friday, hitting $66.35. 949,767 shares of the company’s stock were exchanged, compared to its average volume of 1,892,658. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $57.17 and a fifty-two week high of $66.64. The stock has a 50-day simple moving average of $65.21 and a two-hundred day simple moving average of $64.28. The stock has a market cap of $7.18 billion, a price-to-earnings 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.