Capital Investment Advisory Services LLC Decreases Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Capital Investment Advisory Services LLC reduced its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,189 shares of the company’s stock after selling 1,091 shares during the period. Capital Investment Advisory Services LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,395,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. PSI Advisors LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 27.2% during the fourth quarter. PSI Advisors LLC now owns 836 shares of the company’s stock worth $52,000 after purchasing an additional 179 shares during the last quarter. Vicus Capital acquired a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at $201,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth about $439,000. Opes Wealth Management LLC increased its position in Invesco S&P 500 Low Volatility ETF by 0.4% in the 4th quarter. Opes Wealth Management LLC now owns 83,906 shares of the company’s stock valued at $5,258,000 after acquiring an additional 298 shares during the period. Finally, Western Wealth Management LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 2.7% during the 4th quarter. Western Wealth Management LLC now owns 48,816 shares of the company’s stock worth $3,059,000 after acquiring an additional 1,290 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV traded up $0.68 during trading on Friday, reaching $63.72. The company had a trading volume of 2,457,886 shares, compared to its average volume of 2,234,355. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $57.17 and a fifty-two week high of $65.99. The stock’s fifty day moving average price is $64.25 and its 200 day moving average price is $62.26. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 22.84 and a beta of 0.49.

Invesco S&P 500 Low Volatility ETF 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.