Gradient Capital Advisors LLC Has $417,000 Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Gradient Capital Advisors LLC cut its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,958 shares of the company’s stock after selling 180 shares during the period. Gradient Capital Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $417,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLV. Clearview Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 4,390 shares of the company’s stock worth $315,000 after purchasing an additional 142 shares during the period. Cornerstone Wealth Management LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 1.1% during the third quarter. Cornerstone Wealth Management LLC now owns 14,888 shares of the company’s stock worth $1,068,000 after buying an additional 155 shares in the last quarter. Creekmur Asset Management LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 0.4% in the 3rd quarter. Creekmur Asset Management LLC now owns 45,830 shares of the company’s stock valued at $3,287,000 after buying an additional 177 shares during the period. Sheets Smith Wealth Management raised its position in shares of Invesco S&P 500 Low Volatility ETF by 0.5% in the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock valued at $2,293,000 after buying an additional 178 shares in the last quarter. Finally, Carr Financial Group Corp lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 5.6% during the 3rd quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock worth $272,000 after acquiring an additional 200 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $72.54 on Wednesday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $62.37 and a 1 year high of $75.14. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. The company’s 50 day simple moving average is $70.96 and its 200 day simple moving average is $71.06.

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.