Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 14.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,952 shares of the company’s stock after selling 5,223 shares during the period. Financial Advocates Investment Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,097,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in Invesco S&P 500 Low Volatility ETF in the third quarter worth about $1,188,000. Atomi Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth approximately $210,000. CWM LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 40.7% in the 3rd quarter. CWM LLC now owns 127,718 shares of the company’s stock worth $9,161,000 after purchasing an additional 36,925 shares during the last quarter. Hyperion Partners LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 4.6% during the third quarter. Hyperion Partners LLC now owns 112,375 shares of the company’s stock valued at $8,061,000 after purchasing an additional 4,926 shares during the last quarter. Finally, Albion Financial Group UT lifted its stake in Invesco S&P 500 Low Volatility ETF by 6.1% during the third quarter. Albion Financial Group UT now owns 7,330 shares of the company’s stock valued at $526,000 after purchasing an additional 420 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $72.09 on Friday. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 1 year low of $62.37 and a 1 year high of $75.14. The firm’s 50 day moving average price is $71.11 and its two-hundred day moving average price is $70.91.

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.