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

Birinyi Associates Inc. decreased its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,966 shares of the company’s stock after selling 397 shares during the period. Invesco S&P 500 Low Volatility ETF comprises approximately 0.9% of Birinyi Associates Inc.’s portfolio, making the stock its 19th largest position. Birinyi Associates Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,358,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creekmur Asset Management LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 0.4% in the 3rd quarter. Creekmur Asset Management LLC now owns 45,830 shares of the company’s stock valued at $3,287,000 after acquiring an additional 177 shares in the last quarter. Sheets Smith Wealth Management lifted its position in Invesco S&P 500 Low Volatility ETF by 0.5% in the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock valued at $2,293,000 after acquiring an additional 178 shares in the last quarter. Carr Financial Group Corp lifted its position in Invesco S&P 500 Low Volatility ETF by 5.6% in the 3rd quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock valued at $272,000 after acquiring an additional 200 shares in the last quarter. Ulland Investment Advisors LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 28.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock valued at $63,000 after acquiring an additional 200 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 1.8% in the 4th quarter. Magnus Financial Group LLC now owns 11,059 shares of the company’s stock valued at $774,000 after acquiring an additional 200 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Invesco S&P 500 Low Volatility ETF stock opened at $74.17 on Wednesday. The firm has a 50-day moving average of $70.99 and a 200-day moving average of $71.42. Invesco S&P 500 Low Volatility ETF has a one year low of $62.53 and a one year high of $75.14. The company has a market cap of $7.63 billion, a price-to-earnings 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.