Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Reaches New 1-Year High at $71.25

Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $71.25 and last traded at $71.18, with a volume of 380071 shares. The stock had previously closed at $71.10.

Invesco S&P 500 Low Volatility ETF Stock Performance

The business’s 50 day simple moving average is $67.62 and its 200-day simple moving average is $65.72. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

Institutional Trading of Invesco S&P 500 Low Volatility ETF

Several large investors have recently made changes to their positions in SPLV. Scarborough Advisors LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at about $29,000. Global Trust Asset Management LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 149.3% in the first quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Tidemark LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $34,000. Delta Asset Management LLC TN acquired a new stake in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth $46,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at $48,000.

About Invesco S&P 500 Low Volatility ETF

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.