Global Assets Advisory LLC Has $2.49 Million Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Global Assets Advisory LLC reduced its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,754 shares of the company’s stock after selling 2,908 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for approximately 1.4% of Global Assets Advisory LLC’s investment portfolio, making the stock its 16th biggest holding. Global Assets Advisory LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,492,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Cornerstone Planning Group LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $27,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at about $29,000. Roxbury Financial LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at about $47,000. IMG Wealth Management Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at about $51,000. Finally, Hoey Investments Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter worth approximately $59,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $72.60 on Friday. Invesco S&P 500 Low Volatility ETF has a 52 week low of $63.66 and a 52 week high of $75.43. The stock has a 50 day moving average price of $72.45 and a two-hundred day moving average price of $72.10. The stock has a market capitalization of $7.61 billion, a PE ratio of 23.44 and a beta of 0.63.

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.