Royal Bank of Canada Sells 101,163 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Royal Bank of Canada trimmed its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 6.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,484,047 shares of the company’s stock after selling 101,163 shares during the quarter. Royal Bank of Canada owned 1.52% of Invesco S&P 500 Low Volatility ETF worth $108,544,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of SPLV. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 16.8% in the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock worth $591,216,000 after acquiring an additional 1,156,550 shares during the last quarter. Two Sigma Investments LP lifted its stake in Invesco S&P 500 Low Volatility ETF by 301.0% in the third quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock worth $106,010,000 after purchasing an additional 1,082,900 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF by 413.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,278,712 shares of the company’s stock worth $91,326,000 after purchasing an additional 1,029,465 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 683.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 548,402 shares of the company’s stock valued at $40,279,000 after buying an additional 478,382 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 26.6% during the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after buying an additional 423,940 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA SPLV opened at $76.38 on Friday. The business’s 50 day moving average price is $74.84 and its 200-day moving average price is $74.37. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $78.82. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54.

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.