Ridgewood Investments LLC Decreases Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Ridgewood Investments LLC reduced its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,556 shares of the company’s stock after selling 160 shares during the quarter. Invesco S&P 500 Low Volatility ETF accounts for 1.0% of Ridgewood Investments LLC’s portfolio, making the stock its 15th largest position. Ridgewood Investments LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,999,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPLV. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 369,250 shares of the company’s stock worth $26,486,000 after acquiring an additional 4,052 shares during the last quarter. Farmers Trust Co. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $217,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $540,000. Synovus Financial Corp grew its position in shares of Invesco S&P 500 Low Volatility ETF by 3.2% during the third quarter. Synovus Financial Corp now owns 12,899 shares of the company’s stock worth $925,000 after buying an additional 402 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth approximately $8,791,000.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV traded down $1.10 during trading hours on Friday, hitting $68.46. 568,641 shares of the stock were exchanged, compared to its average volume of 1,348,749. The stock has a 50-day simple moving average of $71.93 and a 200-day simple moving average of $70.19. Invesco S&P 500 Low Volatility ETF has a 12 month low of $62.37 and a 12 month high of $75.14. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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.