New England Private Wealth Advisors LLC Has $23.37 Million Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

New England Private Wealth Advisors LLC lessened its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 372,899 shares of the company’s stock after selling 29,967 shares during the period. Invesco S&P 500 Low Volatility ETF makes up about 4.3% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. New England Private Wealth Advisors LLC owned 0.25% of Invesco S&P 500 Low Volatility ETF worth $23,366,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keystone Financial Group boosted its stake in Invesco S&P 500 Low Volatility ETF by 282.2% during the 3rd quarter. Keystone Financial Group now owns 55,594 shares of the company’s stock valued at $3,268,000 after purchasing an additional 41,047 shares during the last quarter. Picton Mahoney Asset Management purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $32,584,000. Kingswood Wealth Advisors LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 70.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,416 shares of the company’s stock valued at $715,000 after purchasing an additional 4,715 shares during the last quarter. FDx Advisors Inc. purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $2,328,000. Finally, Townsquare Capital LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 102.2% during the 3rd quarter. Townsquare Capital LLC now owns 92,925 shares of the company’s stock valued at $5,463,000 after purchasing an additional 46,958 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock traded down $0.41 on Friday, reaching $63.90. The stock had a trading volume of 1,811,215 shares, compared to its average volume of 2,194,608. The stock has a market cap of $7.29 billion, a P/E ratio of 22.84 and a beta of 0.49. Invesco S&P 500 Low Volatility ETF has a 1 year low of $57.17 and a 1 year high of $65.99. The company has a 50 day simple moving average of $64.36 and a 200 day simple moving average of $62.44.

Invesco S&P 500 Low Volatility ETF 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.