Private Advisor Group LLC Decreases Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Private Advisor Group LLC trimmed its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 506,183 shares of the company’s stock after selling 21,908 shares during the period. Private Advisor Group LLC owned approximately 0.48% of Invesco S&P 500 Low Volatility ETF worth $37,194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bangor Savings Bank raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 681.0% in the third quarter. Bangor Savings Bank now owns 453 shares of the company’s stock worth $33,000 after purchasing an additional 395 shares during the last quarter. Founders Financial Alliance LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at $36,000. Lavaca Capital LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the second quarter valued at $59,000. AlphaCore Capital LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 313.0% in the 2nd quarter. AlphaCore Capital LLC now owns 950 shares of the company’s stock worth $69,000 after buying an additional 720 shares in the last quarter. Finally, Corundum Trust Company INC purchased a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth about $73,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV opened at $76.07 on Monday. The stock has a market capitalization of $7.78 billion, a P/E ratio of 24.11 and a beta of 0.62. The company’s 50-day simple moving average is $74.04 and its two-hundred day simple moving average is $72.91. 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 business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.1346 per share. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd.

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.