SPLV Stock Summary and Trading Ideas (Invesco S&P 500 Low Volatility ETF | ARCA:SPLV)

The Invesco S&P 500 Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted rebalanced and reconstituted rebalanced and reconstituted quarterly in February, May, August and November.

Invesco S&P 500 Low Volatility ETF trades on the ARCA stock market under the symbol SPLV.

As of April 24, 2024, SPLV stock price climbed to $64.45 with 1,151,925 million shares trading.

SPLV has a beta of 0.47, meaning it tends to be less sensitive to market movements. SPLV has a correlation of 0.35 to the broad based SPY ETF.

SPLV has a market cap of $6.95 billion. This is considered a Mid Cap stock.

In the last 3 years, SPLV stock traded as high as $69.82 and as low as $55.99.

SPLV has underperformed the market in the last year with a return of +3.9%, while the SPY ETF gained +24.2%. In the last 3 month period, SPLV fell short of the market, returning +2.8%, while SPY returned +4.6%. However, in the most recent 2 weeks SPLV has outperformed the stock market by returning -0.5%, while SPY returned -2.7%.

SPLV support price is $63.81 and resistance is $64.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPLV stock will trade within this expected range on the day.