Kovack Advisors Inc. Has $923,000 Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Kovack Advisors Inc. lessened its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report) by 87.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,559 shares of the company’s stock after selling 84,963 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $923,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Nvwm LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 7.7% during the second quarter. Nvwm LLC now owns 2,018 shares of the company’s stock valued at $147,000 after buying an additional 145 shares in the last quarter. Mission Creek Capital Partners Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 2.0% during the second quarter. Mission Creek Capital Partners Inc. now owns 8,079 shares of the company’s stock worth $588,000 after buying an additional 161 shares during the last quarter. Mutual Advisors LLC lifted its holdings 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 buying an additional 169 shares during the last quarter. Financial Advocates Investment Management boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 0.6% in the second quarter. Financial Advocates Investment Management now owns 27,683 shares of the company’s stock valued at $2,016,000 after acquiring an additional 176 shares during the period. Finally, Landaas & Co. WI ADV grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.5% in the third quarter. Landaas & Co. WI ADV now owns 12,800 shares of the company’s stock worth $941,000 after acquiring an additional 192 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.3%

Shares of SPLV stock opened at $75.94 on Friday. The firm has a market capitalization of $7.76 billion, a P/E ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 1 year low of $67.13 and a 1 year high of $76.58. The firm’s fifty day simple moving average is $73.05 and its 200 day simple moving average is $72.70.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.1347 per share. This is an increase from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

Invesco S&P 500 Low Volatility ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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