Scarborough Advisors LLC Lowers Stake in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV)

Scarborough Advisors LLC cut its holdings in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) by 70.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,794 shares of the company’s stock after selling 202,042 shares during the quarter. Scarborough Advisors LLC owned approximately 0.46% of Invesco S&P Emerging Markets Low Volatility ETF worth $2,008,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp purchased a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the third quarter worth about $326,000. Lunt Capital Management Inc. purchased a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the third quarter worth about $318,000. JPMorgan Chase & Co. lifted its stake in Invesco S&P Emerging Markets Low Volatility ETF by 140.0% in the third quarter. JPMorgan Chase & Co. now owns 67,094 shares of the company’s stock worth $1,750,000 after acquiring an additional 39,140 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P Emerging Markets Low Volatility ETF by 10.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 36,647 shares of the company’s stock worth $858,000 after acquiring an additional 3,418 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in Invesco S&P Emerging Markets Low Volatility ETF by 37.0% in the fourth quarter. Park Avenue Securities LLC now owns 46,753 shares of the company’s stock worth $1,094,000 after acquiring an additional 12,627 shares during the period.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

Shares of Invesco S&P Emerging Markets Low Volatility ETF stock opened at $24.59 on Friday. The company has a market capitalization of $461.06 million, a PE ratio of 10.99 and a beta of 0.57. The company has a 50-day simple moving average of $23.88 and a two-hundred day simple moving average of $24.65. Invesco S&P Emerging Markets Low Volatility ETF has a one year low of $23.06 and a one year high of $26.48.

Invesco S&P Emerging Markets Low Volatility ETF Profile

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.