Schrum Private Wealth Management LLC Has $247,000 Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Schrum Private Wealth Management LLC lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 49.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,524 shares of the company’s stock after selling 3,414 shares during the period. Schrum Private Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $247,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Merit Financial Group LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after buying an additional 1,716,566 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at approximately $68,579,000. Lockheed Martin Investment Management Co. increased its position in Invesco S&P 500 Low Volatility ETF by 168.9% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after buying an additional 556,000 shares during the period. Citigroup Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 1,481.1% in the 3rd quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock valued at $32,240,000 after purchasing an additional 421,042 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 97.5% during the fourth quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock valued at $47,145,000 after purchasing an additional 332,413 shares during the period.

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

Shares of NYSEARCA SPLV opened at $74.02 on Thursday. Invesco S&P 500 Low Volatility ETF has a one year low of $62.53 and a one year high of $75.33. The business has a fifty day simple moving average of $71.52 and a 200 day simple moving average of $71.69. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 23.63 and a beta of 0.72.

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.