Spinnaker Trust Purchases 652 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Spinnaker Trust increased its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 277,026 shares of the company’s stock after buying an additional 652 shares during the period. Invesco S&P 500 Low Volatility ETF comprises approximately 1.2% of Spinnaker Trust’s holdings, making the stock its 17th largest position. Spinnaker Trust owned 0.19% of Invesco S&P 500 Low Volatility ETF worth $17,358,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPLV. Avior Wealth Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 139.4% in the 3rd quarter. Avior Wealth Management LLC now owns 5,568 shares of the company’s stock worth $322,000 after buying an additional 3,242 shares during the period. Strategic Blueprint LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 4.8% in the 3rd quarter. Strategic Blueprint LLC now owns 3,892 shares of the company’s stock worth $229,000 after buying an additional 180 shares during the period. Derbend Asset Management bought a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth $1,252,000. U.S. Capital Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 3.7% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,317 shares of the company’s stock worth $313,000 after buying an additional 191 shares during the period. Finally, Golden State Equity Partners boosted its holdings in Invesco S&P 500 Low Volatility ETF by 1.4% in the 3rd quarter. Golden State Equity Partners now owns 13,175 shares of the company’s stock worth $775,000 after buying an additional 176 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV traded down $0.41 during midday trading on Friday, hitting $63.90. 1,811,215 shares of the company traded hands, compared to its average volume of 2,194,608. The firm has a 50 day moving average of $64.36 and a 200-day moving average of $62.44. Invesco S&P 500 Low Volatility ETF has a 52 week low of $57.17 and a 52 week high of $65.99. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 22.84 and a beta of 0.49.

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.