Tcfg Wealth Management LLC Increases Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Tcfg Wealth Management LLC raised its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 19.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,668 shares of the company’s stock after acquiring an additional 609 shares during the period. Tcfg Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $267,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Arlington Trust Co LLC purchased a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $30,000. Millstone Evans Group LLC purchased a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $40,000. Pandora Wealth Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $48,000. Costello Asset Management INC purchased a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $59,000. Finally, WPG Advisers LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the first quarter worth approximately $67,000.

Invesco S&P 500 Low Volatility ETF Trading Up 0.3%

Shares of SPLV opened at $73.05 on Wednesday. The firm has a market cap of $7.81 billion, a PE ratio of 24.11 and a beta of 0.69. The company’s 50 day simple moving average is $73.14 and its 200-day simple moving average is $72.75. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43.

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.