Northwestern Mutual Wealth Management Co. Reduces Position in Invesco S&P 500 Low Volatility ETF $SPLV

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 13.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 187,456 shares of the company’s stock after selling 28,844 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.18% of Invesco S&P 500 Low Volatility ETF worth $13,388,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Capital Investment Advisory Services LLC grew its position in Invesco S&P 500 Low Volatility ETF by 4.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock worth $17,462,000 after acquiring an additional 11,477 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Invesco S&P 500 Low Volatility ETF by 14.9% in the third quarter. Jones Financial Companies Lllp now owns 286,579 shares of the company’s stock worth $20,863,000 after buying an additional 37,099 shares in the last quarter. CWM LLC grew its position in Invesco S&P 500 Low Volatility ETF by 7.0% during the fourth quarter. CWM LLC now owns 275,453 shares of the company’s stock valued at $19,673,000 after acquiring an additional 18,059 shares during the last quarter. Clearstead Trust LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $599,000. Finally, Cambria Investment Management L.P. purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth approximately $10,917,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $71.31 on Tuesday. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 24.11 and a beta of 0.57. The firm has a 50 day moving average price of $73.44 and a 200-day moving average price of $73.35. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $77.74.

About Invesco S&P 500 Low Volatility ETF

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.