Laidlaw Wealth Management LLC Sells 5,826 Shares of Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV)

Laidlaw Wealth Management LLC trimmed its stake in shares of Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) by 19.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 23,765 shares of the company’s stock after selling 5,826 shares during the quarter. Laidlaw Wealth Management LLC’s holdings in Invesco S&P SmallCap Low Volatility ETF were worth $1,122,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Strategic Financial Concepts LLC acquired a new position in Invesco S&P SmallCap Low Volatility ETF in the 4th quarter worth about $3,114,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Low Volatility ETF in the fourth quarter valued at about $1,061,000. Sanctuary Advisors LLC acquired a new stake in Invesco S&P SmallCap Low Volatility ETF during the third quarter worth approximately $267,000. Eagle Bluffs Wealth Management LLC grew its stake in Invesco S&P SmallCap Low Volatility ETF by 6.3% during the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 84,103 shares of the company’s stock worth $3,972,000 after purchasing an additional 4,989 shares during the period. Finally, Armbruster Capital Management Inc. boosted its holdings in Invesco S&P SmallCap Low Volatility ETF by 2.4% in the fourth quarter. Armbruster Capital Management Inc. now owns 197,899 shares of the company’s stock worth $9,346,000 after acquiring an additional 4,687 shares in the last quarter.

Invesco S&P SmallCap Low Volatility ETF Stock Up 0.2 %

XSLV stock opened at $47.72 on Wednesday. Invesco S&P SmallCap Low Volatility ETF has a twelve month low of $41.40 and a twelve month high of $51.77. The stock’s 50 day moving average is $47.65 and its 200-day moving average is $47.91. The firm has a market capitalization of $366.97 million, a PE ratio of 16.79 and a beta of 0.88.

About Invesco S&P SmallCap Low Volatility ETF

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.