Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Reaches New 12-Month High at $71.93

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $71.93 and last traded at $71.76, with a volume of 223936 shares. The stock had previously closed at $71.23.

Invesco S&P 500 Low Volatility ETF Stock Up 0.5 %

The stock has a market capitalization of $7.74 billion, a P/E ratio of 23.07 and a beta of 0.47. The firm’s 50-day simple moving average is $68.45 and its 200 day simple moving average is $66.07.

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

Several hedge funds have recently made changes to their positions in the business. Global Assets Advisory LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 6,354.7% during the first quarter. Global Assets Advisory LLC now owns 2,499,503 shares of the company’s stock worth $164,642,000 after buying an additional 2,460,779 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 1st quarter worth $33,326,000. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 50.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,385,562 shares of the company’s stock worth $86,819,000 after acquiring an additional 465,676 shares during the last quarter. Cetera Investment Advisers lifted its stake in Invesco S&P 500 Low Volatility ETF by 256.7% during the first quarter. Cetera Investment Advisers now owns 306,767 shares of the company’s stock valued at $20,207,000 after buying an additional 220,764 shares in the last quarter. Finally, Alaska Permanent Fund Corp boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.6% in the first quarter. Alaska Permanent Fund Corp now owns 3,027,451 shares of the company’s stock worth $199,418,000 after buying an additional 212,725 shares during the period.

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.