GenTrust LLC Cuts Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

GenTrust LLC reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 12.4% in the first quarter, HoldingsChannel reports. The firm owned 3,705 shares of the company’s stock after selling 525 shares during the period. GenTrust LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $244,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Simplex Trading LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $2,539,000. ICA Group Wealth Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 11.6% in the fourth quarter. ICA Group Wealth Management LLC now owns 4,509 shares of the company’s stock worth $283,000 after acquiring an additional 467 shares in the last quarter. Sykon Capital LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $5,323,000. Crestline Management LP acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at about $7,523,000. Finally, Kingswood Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF by 70.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,416 shares of the company’s stock valued at $715,000 after purchasing an additional 4,715 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock traded down $0.12 during trading on Thursday, reaching $64.74. The company had a trading volume of 678,860 shares, compared to its average volume of 1,933,975. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a twelve month low of $57.17 and a twelve month high of $66.46. The firm has a 50-day simple moving average of $65.03 and a 200-day simple moving average of $64.12.

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.