Sovereign Investment Advisors LLC Has $3.59 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Sovereign Investment Advisors LLC cut its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 33.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 48,811 shares of the company’s stock after selling 24,989 shares during the period. Invesco S&P 500 Low Volatility ETF comprises 1.0% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 25th largest position. Sovereign Investment Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPLV. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 7.6% during the fourth quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock worth $916,000 after buying an additional 922 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 151.9% in the 1st quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock valued at $1,026,000 after acquiring an additional 8,282 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,545.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock valued at $18,082,000 after acquiring an additional 227,292 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 133.0% during the 1st quarter. Focus Partners Wealth now owns 67,447 shares of the company’s stock valued at $5,040,000 after acquiring an additional 38,499 shares in the last quarter. Finally, Modern Wealth Management LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the 1st quarter worth $204,000.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV opened at $71.84 on Monday. The stock has a market cap of $7.31 billion, a PE ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43. The business has a 50-day simple moving average of $71.65 and a two-hundred day simple moving average of $72.46.

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.