Birinyi Associates Inc. Has $3.36 Million Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Birinyi Associates Inc. trimmed its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,966 shares of the company’s stock after selling 397 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises 0.9% of Birinyi Associates Inc.’s portfolio, making the stock its 19th biggest holding. Birinyi Associates Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at about $27,000. Prospera Private Wealth LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the third quarter worth about $31,000. Roxbury Financial LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $47,000. Ulland Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 28.6% in the fourth quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock valued at $63,000 after acquiring an additional 200 shares during the last quarter. Finally, Tidemark LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 81.5% in the third quarter. Tidemark LLC now owns 893 shares of the company’s stock valued at $64,000 after acquiring an additional 401 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV stock opened at $74.17 on Wednesday. The company has a 50 day moving average price of $70.99 and a 200 day moving average price of $71.42. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.53 and a fifty-two week high of $75.14. The stock has a market capitalization of $7.63 billion, a PE ratio of 23.63 and a beta of 0.72.

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.