Money Concepts Capital Corp Cuts Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Money Concepts Capital Corp lessened its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 74.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,636 shares of the company’s stock after selling 13,785 shares during the period. Money Concepts Capital Corp’s holdings in Invesco S&P 500 Low Volatility ETF were worth $341,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in Invesco S&P 500 Low Volatility ETF by 14.9% during the third quarter. Jones Financial Companies Lllp now owns 286,579 shares of the company’s stock worth $20,863,000 after acquiring an additional 37,099 shares during the period. Flaharty Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter valued at about $435,000. Mutual Advisors LLC increased its stake in shares of 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 worth $381,000 after purchasing an additional 169 shares in the last quarter. TLS Advisors LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth about $214,000. Finally, Landaas & Co. WI ADV raised its position in shares of Invesco S&P 500 Low Volatility ETF by 1.5% during the 3rd quarter. Landaas & Co. WI ADV now owns 12,800 shares of the company’s stock worth $941,000 after purchasing an additional 192 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.6%

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $74.00 on Wednesday. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $75.43. The firm has a market capitalization of $7.51 billion, a PE ratio of 24.11 and a beta of 0.62. The firm’s 50-day moving average price is $72.11 and its 200 day moving average price is $72.49.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1347 dividend. This represents a c) annualized dividend and a dividend yield of 2.2%. This is a boost from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13. The ex-dividend date was Tuesday, January 20th.

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.