Axxcess Wealth Management LLC lessened its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 72.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,500 shares of the company’s stock after selling 9,013 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $257,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Bangor Savings Bank increased its stake 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 purchasing an additional 395 shares during the period. Founders Financial Alliance LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the third quarter valued at approximately $36,000. Lavaca Capital LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at approximately $59,000. AlphaCore Capital LLC increased its stake in 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 buying an additional 720 shares during the period. Finally, Corundum Trust Company INC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter worth approximately $73,000.
Invesco S&P 500 Low Volatility ETF Stock Up 0.2%
Shares of SPLV stock opened at $76.07 on Tuesday. The firm has a 50 day moving average of $73.13 and a two-hundred day moving average of $72.71. The stock has a market capitalization of $7.78 billion, a PE ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 52 week low of $67.13 and a 52 week high of $76.58.
Invesco S&P 500 Low Volatility ETF Cuts Dividend
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.
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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report).
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