Marshall Financial Group LLC Sells 629 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Marshall Financial Group LLC trimmed its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 14.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,863 shares of the company’s stock after selling 629 shares during the quarter. Marshall Financial Group LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $68,579,000. Private Advisor Group LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 97.5% in the 4th quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock worth $47,145,000 after buying an additional 332,413 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 26.3% during the fourth quarter. Royal Bank of Canada now owns 1,309,196 shares of the company’s stock valued at $91,643,000 after buying an additional 272,676 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $15,417,000. Finally, GAMMA Investing LLC raised its holdings 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 valued at $158,110,000 after acquiring an additional 209,000 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Down 0.9%

NYSEARCA:SPLV opened at $72.43 on Friday. The stock has a market cap of $7.92 billion, a P/E ratio of 23.61 and a beta of 0.64. The firm’s fifty day simple moving average is $72.38 and its 200 day simple moving average is $72.16. Invesco S&P 500 Low Volatility ETF has a twelve month low of $64.45 and a twelve month high of $75.43.

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.