Sheets Smith Wealth Management Has $2.29 Million Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Sheets Smith Wealth Management raised its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,764 shares of the company’s stock after purchasing an additional 178 shares during the quarter. Sheets Smith Wealth Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at about $4,046,000. Blair William & Co. IL grew its position in shares of Invesco S&P 500 Low Volatility ETF by 4.3% in the second quarter. Blair William & Co. IL now owns 22,667 shares of the company’s stock valued at $1,472,000 after purchasing an additional 936 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 92.6% during the second quarter. Hsbc Holdings PLC now owns 56,412 shares of the company’s stock worth $3,675,000 after purchasing an additional 27,124 shares during the period. AE Wealth Management LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 8.0% during the 2nd quarter. AE Wealth Management LLC now owns 31,816 shares of the company’s stock worth $2,067,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 3.9% in the 2nd quarter. Squarepoint Ops LLC now owns 118,644 shares of the company’s stock valued at $7,706,000 after purchasing an additional 4,490 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV opened at $71.56 on Wednesday. The stock has a fifty day moving average of $71.61 and a 200-day moving average of $70.50. The company has a market capitalization of $7.74 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.37 and a fifty-two week high of $75.14.

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.