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

Northwestern Mutual Wealth Management Co. lessened its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 76.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,643 shares of the company’s stock after selling 165,657 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. NBC Securities Inc. increased 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 buying an additional 144 shares in the last quarter. Sound Income Strategies LLC increased its stake 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 buying an additional 145 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in Invesco S&P 500 Low Volatility ETF by 0.3% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 54,191 shares of the company’s stock worth $3,982,000 after buying an additional 148 shares in the last quarter. Laraway Financial Advisors Inc increased its stake 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 buying an additional 157 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in Invesco S&P 500 Low Volatility ETF by 2.4% during the 4th quarter. Private Trust Co. NA now owns 6,866 shares of the company’s stock worth $490,000 after buying an additional 158 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

NYSEARCA:SPLV opened at $74.09 on Monday. Invesco S&P 500 Low Volatility ETF has a 12 month low of $69.63 and a 12 month high of $77.74. The stock has a 50 day moving average of $73.61 and a two-hundred day moving average of $73.27. The firm has a market cap of $7.24 billion, a P/E ratio of 24.11 and a beta of 0.57.

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.