Prospera Financial Services Inc Trims Stake in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)

Prospera Financial Services Inc cut its stake in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) by 11.7% in the third quarter, HoldingsChannel reports. The fund owned 8,769 shares of the company’s stock after selling 1,164 shares during the period. Prospera Financial Services Inc’s holdings in Invesco S&P International Developed Low Volatility ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IDLV. Assetmark Inc. increased its stake in shares of Invesco S&P International Developed Low Volatility ETF by 234.3% in the 3rd quarter. Assetmark Inc. now owns 2,123 shares of the company’s stock valued at $65,000 after purchasing an additional 1,488 shares in the last quarter. Cetera Advisors LLC purchased a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the first quarter valued at approximately $406,000. Ridgewood Investments LLC raised its stake in shares of Invesco S&P International Developed Low Volatility ETF by 1.8% during the 2nd quarter. Ridgewood Investments LLC now owns 24,050 shares of the company’s stock worth $656,000 after buying an additional 420 shares during the period. Lunt Capital Management Inc. purchased a new position in shares of Invesco S&P International Developed Low Volatility ETF during the 3rd quarter valued at approximately $663,000. Finally, Bank of Montreal Can acquired a new stake in Invesco S&P International Developed Low Volatility ETF in the 2nd quarter valued at $1,226,000.

Invesco S&P International Developed Low Volatility ETF Stock Performance

NYSEARCA:IDLV opened at $28.96 on Tuesday. The company has a fifty day moving average of $29.55 and a two-hundred day moving average of $28.85. The stock has a market capitalization of $419.93 million, a PE ratio of 16.42 and a beta of 0.57. Invesco S&P International Developed Low Volatility ETF has a fifty-two week low of $26.77 and a fifty-two week high of $30.83.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.