IMG Wealth Management Inc. Takes $49,000 Position in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV)

IMG Wealth Management Inc. acquired a new stake in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) during the fourth quarter, Holdings Channel.com reports. The firm acquired 1,038 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. FMR LLC raised its stake in Invesco S&P SmallCap Low Volatility ETF by 6,511.1% during the 3rd quarter. FMR LLC now owns 595 shares of the company’s stock worth $29,000 after buying an additional 586 shares during the period. Steward Partners Investment Advisory LLC raised its stake in Invesco S&P SmallCap Low Volatility ETF by 53.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,528 shares of the company’s stock worth $119,000 after buying an additional 885 shares during the period. D.A. Davidson & CO. acquired a new position in Invesco S&P SmallCap Low Volatility ETF during the 3rd quarter worth approximately $203,000. Arete Wealth Advisors LLC acquired a new position in Invesco S&P SmallCap Low Volatility ETF during the 3rd quarter worth approximately $206,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Invesco S&P SmallCap Low Volatility ETF during the 4th quarter worth approximately $216,000.

Invesco S&P SmallCap Low Volatility ETF Stock Performance

XSLV stock opened at $46.13 on Tuesday. The stock’s 50 day simple moving average is $47.09 and its 200 day simple moving average is $47.97. Invesco S&P SmallCap Low Volatility ETF has a fifty-two week low of $41.40 and a fifty-two week high of $51.77. The company has a market cap of $280.93 million, a P/E ratio of 19.68 and a beta of 0.95.

Invesco S&P SmallCap Low Volatility ETF Company Profile

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.