IFG Advisory LLC Sells 20,733 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

IFG Advisory LLC lessened its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 43.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,906 shares of the company’s stock after selling 20,733 shares during the quarter. IFG Advisory LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,977,000 as of its most recent SEC filing.

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

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $76.07 on Friday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $67.13 and a 52-week high of $77.74. The company has a market capitalization of $7.78 billion, a P/E ratio of 24.11 and a beta of 0.62. The company has a 50-day simple moving average of $74.04 and a 200 day simple moving average of $72.92.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a $0.1346 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 2.1%.

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.