Northwestern Mutual Wealth Management Co. Has $14.05 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Northwestern Mutual Wealth Management Co. lessened its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 53.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 187,615 shares of the company’s stock after selling 215,586 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.20% of Invesco S&P 500 Low Volatility ETF worth $14,052,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 16.8% in the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after buying an additional 1,156,550 shares during the period. Ameriprise Financial Inc. raised its stake in Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after buying an additional 423,940 shares during the period. Wells Fargo & Company MN raised its stake in Invesco S&P 500 Low Volatility ETF by 3.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock worth $115,047,000 after buying an additional 57,312 shares during the period. Royal Bank of Canada lifted its holdings in Invesco S&P 500 Low Volatility ETF by 6.7% during the fourth quarter. Royal Bank of Canada now owns 1,585,210 shares of the company’s stock worth $113,216,000 after acquiring an additional 99,562 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in Invesco S&P 500 Low Volatility ETF by 301.0% during the third quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock worth $106,010,000 after acquiring an additional 1,082,900 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.2%

NYSEARCA:SPLV opened at $74.66 on Thursday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $78.82. The stock has a 50-day moving average price of $76.00 and a two-hundred day moving average price of $74.74. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54.

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.