Parallel Advisors LLC Sells 5,769 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Parallel Advisors LLC reduced its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 15.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,873 shares of the company’s stock after selling 5,769 shares during the period. Parallel Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,231,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. SouthState Corp boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 57.4% during the 4th quarter. SouthState Corp now owns 18,160 shares of the company’s stock worth $1,271,000 after buying an additional 6,619 shares during the period. Creative Financial Designs Inc. ADV raised its stake in Invesco S&P 500 Low Volatility ETF by 13.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 11,033 shares of the company’s stock valued at $772,000 after purchasing an additional 1,349 shares during the last quarter. IMG Wealth Management Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $51,000. GWN Securities Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $302,000. Finally, Sovereign Investment Advisors LLC raised its stake in Invesco S&P 500 Low Volatility ETF by 0.3% during the 4th quarter. Sovereign Investment Advisors LLC now owns 68,532 shares of the company’s stock valued at $4,797,000 after purchasing an additional 185 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $73.36 on Wednesday. The stock has a market cap of $7.60 billion, a P/E ratio of 23.79 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a one year low of $62.53 and a one year high of $75.43. The company has a fifty day moving average price of $72.11 and a 200 day moving average price of $71.90.

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.