BlueChip Wealth Advisors LLC Sells 635 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

BlueChip Wealth Advisors LLC cut its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 14.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,652 shares of the company’s stock after selling 635 shares during the quarter. BlueChip Wealth Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $256,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SPLV. Daiwa Securities Group Inc. grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 32,390 shares of the company’s stock valued at $2,323,000 after acquiring an additional 900 shares during the period. Quantbot Technologies LP purchased a new position in Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $570,000. BNP Paribas Financial Markets lifted its holdings in Invesco S&P 500 Low Volatility ETF by 854.5% during the third quarter. BNP Paribas Financial Markets now owns 20,894 shares of the company’s stock valued at $1,499,000 after purchasing an additional 18,705 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 11.9% in the third quarter. Townsquare Capital LLC now owns 19,547 shares of the company’s stock worth $1,402,000 after purchasing an additional 2,072 shares during the period. Finally, L.M. Kohn & Company purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter worth $1,521,000.

Invesco S&P 500 Low Volatility ETF Stock Down 0.5 %

NYSEARCA:SPLV opened at $73.72 on Friday. The business’s 50-day simple moving average is $72.73 and its two-hundred day simple moving average is $72.03. Invesco S&P 500 Low Volatility ETF has a 52 week low of $62.53 and a 52 week high of $75.43. The stock has a market cap of $7.64 billion, a PE ratio of 23.79 and a beta of 0.69.

Invesco S&P 500 Low Volatility ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.106 dividend. The ex-dividend date was Monday, March 24th.

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.