Corundum Group Inc. Reduces Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Corundum Group Inc. cut its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 35.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,027 shares of the company’s stock after selling 21,790 shares during the quarter. Invesco S&P 500 Low Volatility ETF makes up approximately 1.3% of Corundum Group Inc.’s holdings, making the stock its 15th largest holding. Corundum Group Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Trust Asset Management LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 149.3% in the 1st quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth approximately $48,000. Triad Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth approximately $50,000. Ulland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth approximately $50,000. Finally, Massmutual Trust Co. FSB ADV acquired a new position in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at approximately $61,000.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $73.13 on Monday. Invesco S&P 500 Low Volatility ETF has a 12-month low of $57.35 and a 12-month high of $73.32. The business has a 50 day simple moving average of $70.85 and a 200 day simple moving average of $67.27. The firm has a market capitalization of $7.91 billion, a P/E ratio of 23.07 and a beta of 0.47.

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.