Axxcess Wealth Management LLC Has $484,000 Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Axxcess Wealth Management LLC reduced its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,918 shares of the company’s stock after selling 566 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $484,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPLV. Sheets Smith Wealth Management lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 0.5% during the fourth quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock worth $2,293,000 after purchasing an additional 178 shares in the last quarter. Sovereign Investment Advisors LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 0.3% during the 4th quarter. Sovereign Investment Advisors LLC now owns 68,532 shares of the company’s stock worth $4,797,000 after buying an additional 185 shares in the last quarter. Ulland Investment Advisors LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 28.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock worth $63,000 after buying an additional 200 shares in the last quarter. Magnus Financial Group LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.8% in the 4th quarter. Magnus Financial Group LLC now owns 11,059 shares of the company’s stock valued at $774,000 after buying an additional 200 shares during the period. Finally, Silverlake Wealth Management LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.9% in the 4th quarter. Silverlake Wealth Management LLC now owns 27,791 shares of the company’s stock valued at $1,945,000 after buying an additional 244 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.7 %

Shares of SPLV opened at $72.92 on Friday. The stock’s fifty day simple moving average is $72.36 and its 200-day simple moving average is $71.94. The firm has a market capitalization of $7.56 billion, a PE ratio of 23.79 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.53 and a 12-month high of $75.43.

Invesco S&P 500 Low Volatility ETF Company 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.