Townsend Asset Management Corp NC ADV Sells 1,553 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Townsend Asset Management Corp NC ADV cut its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 15.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,229 shares of the company’s stock after selling 1,553 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in Invesco S&P 500 Low Volatility ETF were worth $576,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of SPLV. Alaska Permanent Fund Corp raised its stake in Invesco S&P 500 Low Volatility ETF by 1.6% in the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock valued at $319,646,000 after purchasing an additional 73,093 shares in the last quarter. Merit Financial Group LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after buying an additional 1,716,566 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Low Volatility ETF by 3.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,348,811 shares of the company’s stock valued at $94,417,000 after buying an additional 43,320 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 2.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after acquiring an additional 36,008 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $68,579,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $74.02 on Thursday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $62.53 and a 52-week high of $75.33. The firm has a market cap of $7.61 billion, a price-to-earnings ratio of 23.63 and a beta of 0.72. The business’s fifty day moving average is $71.52 and its 200-day moving average is $71.69.

About Invesco S&P 500 Low Volatility ETF

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.