Invesco S&P 500 Low Volatility ETF $SPLV Stock: SteelPeak Wealth LLC Cuts Stake

SteelPeak Wealth LLC trimmed its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 16.8% in the third quarter, HoldingsChannel.com reports. The fund owned 71,008 shares of the company’s stock after selling 14,386 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,007,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. IFP Advisors Inc raised its position in shares of Invesco S&P 500 Low Volatility ETF by 8.9% in the 3rd quarter. IFP Advisors Inc now owns 8,076 shares of the company’s stock valued at $569,000 after buying an additional 658 shares in the last quarter. Sard Wealth Management Group LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.0% during the 3rd quarter. Sard Wealth Management Group LLC now owns 39,832 shares of the company’s stock worth $2,809,000 after acquiring an additional 385 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 6.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 8,804 shares of the company’s stock worth $622,000 after acquiring an additional 527 shares in the last quarter. Wealth Intelligence LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 16.3% during the 3rd quarter. Wealth Intelligence LLC now owns 18,408 shares of the company’s stock worth $1,298,000 after acquiring an additional 2,579 shares in the last quarter. Finally, WealthPlan Investment Management LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 1.0% in the third quarter. WealthPlan Investment Management LLC now owns 19,870 shares of the company’s stock valued at $1,401,000 after acquiring an additional 201 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $74.48 on Friday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $78.82. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 24.11 and a beta of 0.53. The company’s 50 day simple moving average is $73.69 and its 200 day simple moving average is $74.19.

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.