TKG Advisors LLC Lowers Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

TKG Advisors LLC trimmed its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,169 shares of the company’s stock after selling 413 shares during the quarter. TKG Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $610,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPLV. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at approximately $68,579,000. Royal Bank of Canada raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 26.3% in the fourth quarter. Royal Bank of Canada now owns 1,309,196 shares of the company’s stock valued at $91,643,000 after acquiring an additional 272,676 shares during the period. Financial Enhancement Group LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF in the 1st quarter worth about $17,624,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth approximately $15,417,000. Finally, GAMMA Investing LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 8,016.9% during the first quarter. GAMMA Investing LLC now owns 211,607 shares of the company’s stock worth $158,110,000 after purchasing an additional 209,000 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $72.79 on Thursday. The firm’s 50 day simple moving average is $72.63 and its 200-day simple moving average is $72.07. Invesco S&P 500 Low Volatility ETF has a one year low of $64.48 and a one year high of $75.43. The firm has a market cap of $7.67 billion, a PE ratio of 24.11 and a beta of 0.69.

Invesco S&P 500 Low Volatility ETF Company 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.