Invesco S&P 500 Low Volatility ETF $SPLV Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC reduced its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 51,220 shares of the company’s stock after selling 953 shares during the quarter. Invesco S&P 500 Low Volatility ETF makes up approximately 0.7% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 29th biggest position. Ellis Investment Partners LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 723,173.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock valued at $14,114,176,000 after purchasing an additional 193,795,994 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 20.0% in the 1st quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after purchasing an additional 597,838 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 42.7% in the 1st quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock valued at $118,994,000 after purchasing an additional 476,779 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 1,411,700 shares of the company’s stock valued at $105,483,000 after purchasing an additional 102,504 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 13.9% in the 1st quarter. Raymond James Financial Inc. now owns 1,115,712 shares of the company’s stock valued at $83,366,000 after purchasing an additional 136,011 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA SPLV opened at $72.43 on Monday. The firm has a market capitalization of $7.77 billion, a P/E ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43. The business’s 50-day simple moving average is $73.14 and its 200-day simple moving average is $72.72.

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.