Advisors Preferred LLC Trims Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Advisors Preferred LLC reduced its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 22.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 33,222 shares of the company’s stock after selling 9,426 shares during the quarter. Advisors Preferred LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Money Concepts Capital Corp increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 2.9% in the 1st quarter. Money Concepts Capital Corp now owns 5,031 shares of the company’s stock valued at $368,000 after acquiring an additional 141 shares during the period. NBC Securities Inc. boosted its stake in Invesco S&P 500 Low Volatility ETF by 2.3% during the 4th quarter. NBC Securities Inc. now owns 6,509 shares of the company’s stock worth $465,000 after purchasing an additional 144 shares during the period. Sound Income Strategies LLC grew its position in Invesco S&P 500 Low Volatility ETF by 9.7% during the 4th quarter. Sound Income Strategies LLC now owns 1,643 shares of the company’s stock worth $120,000 after purchasing an additional 145 shares during the last quarter. Laraway Financial Advisors Inc grew its position in Invesco S&P 500 Low Volatility ETF by 0.9% during the 3rd quarter. Laraway Financial Advisors Inc now owns 17,839 shares of the company’s stock worth $1,311,000 after purchasing an additional 157 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in Invesco S&P 500 Low Volatility ETF by 2.4% in the fourth quarter. Private Trust Co. NA now owns 6,866 shares of the company’s stock valued at $490,000 after purchasing an additional 158 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $75.91 on Wednesday. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $77.75. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54. The company has a 50-day simple moving average of $73.98 and a 200-day simple moving average of $73.95.

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.