Ridgewood Investments LLC Decreases Holdings in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)

Ridgewood Investments LLC trimmed its stake in shares of Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) by 18.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,900 shares of the company’s stock after selling 3,878 shares during the period. Ridgewood Investments LLC owned 0.12% of Invesco S&P International Developed Low Volatility ETF worth $470,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IDLV. Bell Investment Advisors Inc lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 0.3% during the second quarter. Bell Investment Advisors Inc now owns 151,382 shares of the company’s stock valued at $4,131,000 after purchasing an additional 393 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco S&P International Developed Low Volatility ETF by 15.3% during the second quarter. Envestnet Asset Management Inc. now owns 98,878 shares of the company’s stock valued at $2,698,000 after purchasing an additional 13,115 shares in the last quarter. Bank of Montreal Can purchased a new position in Invesco S&P International Developed Low Volatility ETF during the second quarter valued at $1,226,000. Johnson & White Wealth Management LLC raised its position in shares of Invesco S&P International Developed Low Volatility ETF by 1.3% in the third quarter. Johnson & White Wealth Management LLC now owns 159,566 shares of the company’s stock valued at $4,854,000 after buying an additional 2,048 shares during the last quarter. Finally, HTLF Bank raised its position in shares of Invesco S&P International Developed Low Volatility ETF by 1.2% in the third quarter. HTLF Bank now owns 289,810 shares of the company’s stock valued at $8,816,000 after buying an additional 3,358 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Stock Performance

Shares of NYSEARCA IDLV traded down $0.46 during mid-day trading on Friday, reaching $27.46. The company’s stock had a trading volume of 3,824 shares, compared to its average volume of 31,360. Invesco S&P International Developed Low Volatility ETF has a 1-year low of $26.77 and a 1-year high of $30.83. The stock has a market capitalization of $398.17 million, a P/E ratio of 16.42 and a beta of 0.57. The stock has a 50-day moving average of $28.57 and a two-hundred day moving average of $28.94.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.