Tranquility Partners LLC Has $1.45 Million Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Tranquility Partners LLC decreased its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 20,735 shares of the company’s stock after selling 157 shares during the period. Tranquility Partners LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,451,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Alaska Permanent Fund Corp lifted its position in Invesco S&P 500 Low Volatility ETF by 1.6% during the 4th quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after buying an additional 73,093 shares in the last quarter. Merit Financial Group LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock worth $121,181,000 after purchasing an additional 1,716,566 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 2.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after purchasing an additional 36,008 shares during the last quarter. Lockheed Martin Investment Management Co. raised its holdings in Invesco S&P 500 Low Volatility ETF by 168.9% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after purchasing an additional 556,000 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 1,481.1% during the 3rd quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Down 0.3 %

Shares of NYSEARCA:SPLV opened at $72.33 on Thursday. The stock has a market capitalization of $7.82 billion, a P/E ratio of 23.07 and a beta of 0.47. The business has a 50-day moving average price of $70.93 and a two-hundred day moving average price of $71.09. Invesco S&P 500 Low Volatility ETF has a 1-year low of $62.37 and a 1-year high of $75.14.

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.