Ridgewood Investments LLC Sells 160 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Ridgewood Investments LLC reduced its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,556 shares of the company’s stock after selling 160 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises approximately 1.0% of Ridgewood Investments LLC’s holdings, making the stock its 15th largest position. Ridgewood Investments LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,999,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Headlands Technologies LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 2nd quarter valued at $260,000. MGO One Seven LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 7.6% in the 2nd quarter. MGO One Seven LLC now owns 41,066 shares of the company’s stock worth $2,667,000 after purchasing an additional 2,898 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 24.5% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 28,495 shares of the company’s stock worth $1,850,000 after purchasing an additional 5,608 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 89,317 shares of the company’s stock worth $5,801,000 after purchasing an additional 1,925 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth $4,046,000.

Invesco S&P 500 Low Volatility ETF Trading Down 1.6 %

Invesco S&P 500 Low Volatility ETF stock traded down $1.10 during mid-day trading on Friday, hitting $68.46. The stock had a trading volume of 568,641 shares, compared to its average volume of 1,348,749. The firm has a market capitalization of $7.40 billion, a P/E ratio of 23.07 and a beta of 0.47. The firm’s 50 day moving average is $71.93 and its 200 day moving average is $70.19. Invesco S&P 500 Low Volatility ETF has a one year low of $62.37 and a one year high of $75.14.

Invesco S&P 500 Low Volatility ETF Profile

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.