Simplex Trading LLC Reduces Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Simplex Trading LLC trimmed its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 68.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,184 shares of the company’s stock after selling 15,906 shares during the quarter. Simplex Trading LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $523,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPLV. Transatlantique Private Wealth LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 4.6% in the 2nd quarter. Transatlantique Private Wealth LLC now owns 21,929 shares of the company’s stock worth $1,597,000 after buying an additional 973 shares during the period. Optivise Advisory Services LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.3% in the second quarter. Optivise Advisory Services LLC now owns 9,976 shares of the company’s stock worth $726,000 after acquiring an additional 220 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 800,204 shares of the company’s stock worth $58,271,000 after purchasing an additional 11,246 shares during the last quarter. Verity Asset Management Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF during the second quarter valued at $792,000. Finally, Bank of Montreal Can lifted its position in Invesco S&P 500 Low Volatility ETF by 371.5% during the second quarter. Bank of Montreal Can now owns 142,708 shares of the company’s stock valued at $10,392,000 after purchasing an additional 112,440 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $72.19 on Wednesday. The business’s 50-day moving average is $72.38 and its two-hundred day moving average is $72.74. The company has a market capitalization of $7.58 billion, a P/E ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week 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.