LPL Financial LLC Decreases Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

LPL Financial LLC trimmed its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,249,785 shares of the company’s stock after selling 372,229 shares during the quarter. LPL Financial LLC owned about 3.18% of Invesco S&P 500 Low Volatility ETF worth $232,100,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Capital Investment Advisory Services LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 4.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock valued at $17,462,000 after buying an additional 11,477 shares during the last quarter. CWM LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 7.0% during the fourth quarter. CWM LLC now owns 275,453 shares of the company’s stock valued at $19,673,000 after buying an additional 18,059 shares during the last quarter. Clearstead Trust LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at about $599,000. Citigroup Inc. lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 100.2% during the third quarter. Citigroup Inc. now owns 118,778 shares of the company’s stock valued at $8,728,000 after buying an additional 59,448 shares during the last quarter. Finally, Cambria Investment Management L.P. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at about $10,917,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock opened at $73.64 on Wednesday. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 24.11 and a beta of 0.55. The firm has a 50-day simple moving average of $73.45 and a two-hundred day simple moving average of $73.38. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $77.74.

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.