Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Hits New 52-Week High – Here’s Why

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $77.75 and last traded at $77.41, with a volume of 957497 shares traded. The stock had previously closed at $76.17.

Invesco S&P 500 Low Volatility ETF Stock Up 0.9%

The stock has a market capitalization of $7.24 billion, a PE ratio of 24.11 and a beta of 0.54. The business’s 50-day moving average is $73.73 and its two-hundred day moving average is $73.76.

Institutional Trading of Invesco S&P 500 Low Volatility ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Purpose Unlimited Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at about $27,000. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $29,000. Ulland Investment Advisors LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 112.5% in the third quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock valued at $31,000 after buying an additional 225 shares during the last quarter. Kingdom Financial Group LLC. purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $45,000. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $49,000.

About Invesco S&P 500 Low Volatility ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Invesco S&P 500 Low Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.