Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Reaches New 12-Month High – Time to Buy?

Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) reached a new 52-week high on Monday . The company traded as high as $75.43 and last traded at $74.97, with a volume of 959934 shares trading hands. The stock had previously closed at $74.27.

Invesco S&P 500 Low Volatility ETF Trading Down 0.4 %

The stock has a market cap of $7.46 billion, a price-to-earnings ratio of 23.63 and a beta of 0.72. The firm has a fifty day simple moving average of $71.80 and a 200-day simple moving average of $71.82.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at about $27,000. Flagship Wealth Advisors LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth about $29,000. Prospera Private Wealth LLC acquired a new position in Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $31,000. Roxbury Financial LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $47,000. Finally, IMG Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth approximately $51,000.

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.