Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Position Lessened by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. trimmed its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,756 shares of the company’s stock after selling 911 shares during the period. Symphony Financial Ltd. Co.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE increased its position in Invesco S&P 500 Low Volatility ETF by 53.8% during the fourth quarter. Bank of America Corp DE now owns 8,175,387 shares of the company’s stock worth $522,407,000 after buying an additional 2,858,562 shares during the last quarter. FMR LLC increased its position in Invesco S&P 500 Low Volatility ETF by 79.0% during the first quarter. FMR LLC now owns 1,458,513 shares of the company’s stock worth $91,011,000 after buying an additional 643,711 shares during the last quarter. Moran Wealth Management LLC acquired a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth $38,698,000. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Low Volatility ETF by 117.2% during the first quarter. JPMorgan Chase & Co. now owns 79,254 shares of the company’s stock worth $5,317,000 after buying an additional 539,472 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in Invesco S&P 500 Low Volatility ETF by 333.2% during the first quarter. Wellington Management Group LLP now owns 525,904 shares of the company’s stock worth $32,816,000 after buying an additional 404,517 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV traded down $0.15 during midday trading on Tuesday, hitting $61.04. The company’s stock had a trading volume of 239,599 shares, compared to its average volume of 2,358,925. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 20.07 and a beta of 0.69. The stock’s 50 day simple moving average is $62.03 and its 200 day simple moving average is $62.15. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $55.99 and a fifty-two week high of $66.32.

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.