Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Hits New 52-Week High at $71.93

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

Invesco S&P 500 Low Volatility ETF Price Performance

The business has a fifty day moving average price of $68.45 and a 200 day moving average price of $66.07. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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

Several large investors have recently bought and sold shares of SPLV. Scarborough Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth approximately $29,000. Global Trust Asset Management LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 149.3% in the first quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares during the period. Tidemark LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth approximately $34,000. Delta Asset Management LLC TN bought a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $46,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the 2nd quarter valued at $48,000.

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.