Parallel Advisors LLC Sells 1,331 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Parallel Advisors LLC lessened its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,542 shares of the company’s stock after selling 1,331 shares during the period. Parallel Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,282,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Summit Global Investments bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at about $14,773,000. GAMMA Investing LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 8,016.9% during the first quarter. GAMMA Investing LLC now owns 211,607 shares of the company’s stock worth $158,110,000 after purchasing an additional 209,000 shares during the period. AdvisorNet Financial Inc lifted its stake in Invesco S&P 500 Low Volatility ETF by 125.3% during the first quarter. AdvisorNet Financial Inc now owns 2,273 shares of the company’s stock worth $170,000 after purchasing an additional 1,264 shares during the period. Farmers Trust Co. lifted its stake in Invesco S&P 500 Low Volatility ETF by 26.0% during the first quarter. Farmers Trust Co. now owns 3,905 shares of the company’s stock worth $292,000 after purchasing an additional 805 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Invesco S&P 500 Low Volatility ETF by 90.9% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 14,637 shares of the company’s stock worth $1,094,000 after purchasing an additional 6,971 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Up 0.4%

Shares of SPLV opened at $73.42 on Friday. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 23.61 and a beta of 0.64. Invesco S&P 500 Low Volatility ETF has a 12 month low of $64.45 and a 12 month high of $75.43. The company has a 50-day moving average price of $72.35 and a two-hundred day moving average price of $72.19.

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.