Tufton Capital Management Reduces Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Tufton Capital Management trimmed its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,730 shares of the company’s stock after selling 408 shares during the quarter. Tufton Capital Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $234,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth $65,831,000. Bank of New York Mellon Corp increased its position in Invesco S&P 500 Low Volatility ETF by 8,482.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 984,377 shares of the company’s stock valued at $57,871,000 after buying an additional 972,908 shares in the last quarter. Picton Mahoney Asset Management purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at about $32,584,000. JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Low Volatility ETF by 117.2% during the 1st quarter. JPMorgan Chase & Co. now owns 79,254 shares of the company’s stock valued at $5,317,000 after purchasing an additional 539,472 shares during the last quarter. Finally, Alaska Permanent Fund Corp grew its stake in Invesco S&P 500 Low Volatility ETF by 13.8% during the 3rd quarter. Alaska Permanent Fund Corp now owns 3,246,922 shares of the company’s stock valued at $190,887,000 after purchasing an additional 393,338 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Invesco S&P 500 Low Volatility ETF stock traded up $0.19 during trading hours on Thursday, hitting $63.02. 468,320 shares of the stock traded hands, compared to its average volume of 2,217,585. The firm’s 50 day moving average price is $64.24 and its 200-day moving average price is $62.19. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 22.84 and a beta of 0.49. Invesco S&P 500 Low Volatility ETF has a 1 year low of $57.17 and a 1 year high of $65.99.

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.