Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Sets New 1-Year High – Still a Buy?

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $78.42 and last traded at $78.40, with a volume of 120174 shares changing hands. The stock had previously closed at $77.22.

Invesco S&P 500 Low Volatility ETF Price Performance

The firm has a market cap of $7.26 billion, a PE ratio of 24.11 and a beta of 0.54. The company has a 50 day simple moving average of $74.79 and a 200-day simple moving average of $74.34.

Hedge Funds Weigh In On Invesco S&P 500 Low Volatility ETF

A number of large investors have recently added to or reduced their stakes in SPLV. Purpose Unlimited Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $27,000. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at about $45,000. Investment Research & Advisory Group Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at about $49,000. Finally, Maseco LLP purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $55,000.

Invesco S&P 500 Low Volatility ETF Company Profile

(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.

Further Reading

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