Balboa Wealth Partners Reduces Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Balboa Wealth Partners lowered its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,000 shares of the company’s stock after selling 300 shares during the quarter. Balboa Wealth Partners’ holdings in Invesco S&P 500 Low Volatility ETF were worth $210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Alaska Permanent Fund Corp raised its position in Invesco S&P 500 Low Volatility ETF by 1.6% in the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after acquiring an additional 73,093 shares during the period. Merit Financial Group LLC raised its position in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the fourth quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock worth $121,181,000 after acquiring an additional 1,716,566 shares during the period. Bank of New York Mellon Corp raised its position in Invesco S&P 500 Low Volatility ETF by 3.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,348,811 shares of the company’s stock worth $94,417,000 after acquiring an additional 43,320 shares during the period. PNC Financial Services Group Inc. raised its position in Invesco S&P 500 Low Volatility ETF by 2.9% in the third quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after acquiring an additional 36,008 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth approximately $68,579,000.

Invesco S&P 500 Low Volatility ETF Trading Up 1.1 %

SPLV opened at $72.78 on Friday. Invesco S&P 500 Low Volatility ETF has a 1-year low of $62.53 and a 1-year high of $75.43. The company has a market capitalization of $7.54 billion, a PE ratio of 23.79 and a beta of 0.69. The firm’s 50 day simple moving average is $71.94 and its two-hundred day simple moving average is $71.84.

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.