Invesco S&P 500 Low Volatility ETF $SPLV Position Reduced by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC cut its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,714 shares of the company’s stock after selling 11,561 shares during the period. Invesco S&P 500 Low Volatility ETF comprises approximately 1.3% of Commonwealth Financial Services LLC’s holdings, making the stock its 16th largest holding. Commonwealth Financial Services LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $7,454,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 417.7% in the second quarter. Hsbc Holdings PLC now owns 185,854 shares of the company’s stock valued at $14,068,000 after buying an additional 149,956 shares in the last quarter. Vigilare Wealth Management lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 225.2% during the second quarter. Vigilare Wealth Management now owns 114,391 shares of the company’s stock valued at $8,568,000 after acquiring an additional 79,219 shares during the period. Value Investment Professionals LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $5,472,000. TSG Advice Partners LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the 1st quarter worth approximately $5,079,000. Finally, Two Sigma Securities LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the 2nd quarter worth approximately $4,012,000.

Invesco S&P 500 Low Volatility ETF Stock Up 1.1%

Invesco S&P 500 Low Volatility ETF stock traded up $0.79 during mid-day trading on Tuesday, hitting $74.36. 1,081,826 shares of the company’s stock were exchanged, compared to its average volume of 2,748,357. 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 firm has a market capitalization of $7.21 billion, a P/E ratio of 24.11 and a beta of 0.53. The company’s 50 day simple moving average is $73.64 and its 200-day simple moving average is $74.20.

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.