Northwestern Mutual Wealth Management Co. Reduces Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Northwestern Mutual Wealth Management Co. lessened its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 13.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 187,456 shares of the company’s stock after selling 28,844 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $13,388,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ulland Investment Advisors LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 112.5% during the 3rd quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock valued at $31,000 after purchasing an additional 225 shares during the period. Founders Financial Alliance LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $36,000. Kingdom Financial Group LLC. purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $45,000. Investment Research & Advisory Group Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at $49,000. Finally, Maseco LLP bought a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at $55,000.

Invesco S&P 500 Low Volatility ETF Trading Down 1.2%

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $71.31 on Tuesday. Invesco S&P 500 Low Volatility ETF has a 12-month low of $69.63 and a 12-month high of $77.74. The company has a market cap of $6.97 billion, a P/E ratio of 24.11 and a beta of 0.57. The company’s fifty day simple moving average is $73.44 and its two-hundred day simple moving average is $73.35.

Invesco S&P 500 Low Volatility ETF Company 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.