37,277 Shares in Invesco S&P 500 Low Volatility ETF $SPLV Bought by Sherman Wealth Management LLC

Sherman Wealth Management LLC bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, Holdings Channel reports. The fund bought 37,277 shares of the company’s stock, valued at approximately $2,739,000. Invesco S&P 500 Low Volatility ETF makes up 2.7% of Sherman Wealth Management LLC’s holdings, making the stock its 9th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. grew its position in shares of Invesco S&P 500 Low Volatility ETF by 0.3% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 54,191 shares of the company’s stock worth $3,982,000 after buying an additional 148 shares during the period. Laraway Financial Advisors Inc boosted its stake in Invesco S&P 500 Low Volatility ETF by 0.9% during the 3rd quarter. Laraway Financial Advisors Inc now owns 17,839 shares of the company’s stock worth $1,311,000 after acquiring an additional 157 shares during the last quarter. Mission Creek Capital Partners Inc. boosted its stake in Invesco S&P 500 Low Volatility ETF by 2.0% during the 2nd quarter. Mission Creek Capital Partners Inc. now owns 8,079 shares of the company’s stock worth $588,000 after acquiring an additional 161 shares during the last quarter. Mutual Advisors LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 3.3% during the third quarter. Mutual Advisors LLC now owns 5,249 shares of the company’s stock valued at $381,000 after purchasing an additional 169 shares during the period. Finally, Silverlake Wealth Management LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 26,523 shares of the company’s stock valued at $1,894,000 after purchasing an additional 169 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $72.17 on Friday. The company has a 50 day moving average price of $74.60 and a two-hundred day moving average price of $72.95. The company has a market capitalization of $7.38 billion, a PE ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 52 week low of $67.13 and a 52 week high of $77.74.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.1346 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%.

Invesco S&P 500 Low Volatility ETF 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.