Ellis Investment Partners LLC Reduces Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Ellis Investment Partners LLC lessened its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,220 shares of the company’s stock after selling 953 shares during the quarter. Invesco S&P 500 Low Volatility ETF makes up approximately 0.7% of Ellis Investment Partners LLC’s holdings, making the stock its 29th largest holding. Ellis Investment Partners LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,730,000 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. Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Low Volatility ETF by 18.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 544,684 shares of the company’s stock worth $40,699,000 after purchasing an additional 84,711 shares in the last quarter. US Bancorp DE grew its holdings in Invesco S&P 500 Low Volatility ETF by 33.3% in the 1st quarter. US Bancorp DE now owns 8,458 shares of the company’s stock valued at $632,000 after buying an additional 2,113 shares during the period. Kestra Private Wealth Services LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 3.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,463 shares of the company’s stock valued at $333,000 after buying an additional 167 shares during the period. GAMMA Investing LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 8.6% in the 1st quarter. GAMMA Investing LLC now owns 2,832 shares of the company’s stock valued at $212,000 after buying an additional 225 shares during the period. Finally, Amundi purchased a new stake in Invesco S&P 500 Low Volatility ETF in the 1st quarter valued at about $3,514,000.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV opened at $72.43 on Monday. The stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The business has a 50-day moving average of $73.14 and a two-hundred day moving average of $72.72. Invesco S&P 500 Low Volatility ETF has a 12 month low of $67.13 and a 12 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.