NewEdge Advisors LLC Cuts Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

NewEdge Advisors LLC lowered its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 13.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,513 shares of the company’s stock after selling 19,341 shares during the period. NewEdge Advisors LLC owned about 0.12% of Invesco S&P 500 Low Volatility ETF worth $8,741,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of SPLV. Bank of America Corp DE raised its position in Invesco S&P 500 Low Volatility ETF by 16.8% in the third quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock worth $591,216,000 after acquiring an additional 1,156,550 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 26.6% during the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after purchasing an additional 423,940 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco S&P 500 Low Volatility ETF by 3.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock worth $115,047,000 after purchasing an additional 57,312 shares in the last quarter. Royal Bank of Canada boosted its position 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 purchasing an additional 99,562 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in Invesco S&P 500 Low Volatility ETF by 301.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after buying an additional 1,082,900 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $76.38 on Friday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $78.82. The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54. The stock has a fifty day moving average of $74.84 and a two-hundred day moving average of $74.37.

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.