Parallel Advisors LLC Has $2.23 Million Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Parallel Advisors LLC decreased its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 15.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,873 shares of the company’s stock after selling 5,769 shares during the quarter. Parallel Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,231,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at $27,000. Prospera Private Wealth LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at $31,000. Roxbury Financial LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth about $47,000. IMG Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth about $51,000. Finally, Ulland Investment Advisors LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 28.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock worth $63,000 after purchasing an additional 200 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Down 0.2 %

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $73.36 on Wednesday. The stock has a market capitalization of $7.60 billion, a P/E ratio of 23.79 and a beta of 0.69. The company has a 50-day simple moving average of $72.11 and a 200 day simple moving average of $71.90. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.53 and a 12-month high of $75.43.

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.