PFG Advisors Cuts Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

PFG Advisors lessened its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 57.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 22,212 shares of the company’s stock after selling 29,412 shares during the quarter. PFG Advisors’ holdings in Invesco S&P 500 Low Volatility ETF were worth $1,586,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Sound Income Strategies LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 9.7% in the 4th quarter. Sound Income Strategies LLC now owns 1,643 shares of the company’s stock valued at $120,000 after acquiring an additional 145 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.3% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 54,191 shares of the company’s stock valued at $3,982,000 after acquiring an additional 148 shares during the period. Laraway Financial Advisors Inc raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.9% in the 3rd quarter. Laraway Financial Advisors Inc now owns 17,839 shares of the company’s stock valued at $1,311,000 after acquiring an additional 157 shares during the period. Private Trust Co. NA raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.4% in the 4th quarter. Private Trust Co. NA now owns 6,866 shares of the company’s stock valued at $490,000 after acquiring an additional 158 shares during the period. Finally, Mutual Advisors LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 3.3% in the 3rd quarter. Mutual Advisors LLC now owns 5,249 shares of the company’s stock valued at $381,000 after acquiring an additional 169 shares during the period.

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

Shares of SPLV stock opened at $73.15 on Thursday. The company’s fifty day simple moving average is $74.68 and its 200-day simple moving average is $73.10. Invesco S&P 500 Low Volatility ETF has a 52 week low of $69.63 and a 52 week high of $77.74. The company has a market cap of $7.23 billion, a PE ratio of 24.11 and a beta of 0.61.

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.