Trek Financial LLC Reduces Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Trek Financial LLC lessened its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 12.8% during the 4th quarter, HoldingsChannel reports. The firm owned 66,607 shares of the company’s stock after selling 9,763 shares during the period. Trek Financial LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,662,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Merit Financial Group LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after acquiring an additional 1,716,566 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $68,579,000. Lockheed Martin Investment Management Co. lifted its position in Invesco S&P 500 Low Volatility ETF by 168.9% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after buying an additional 556,000 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 97.5% during the 4th quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock worth $47,145,000 after acquiring an additional 332,413 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $15,417,000.

Invesco S&P 500 Low Volatility ETF Trading Down 5.6 %

Invesco S&P 500 Low Volatility ETF stock opened at $69.99 on Friday. The company has a 50-day moving average price of $72.99 and a 200 day moving average price of $72.13. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.53 and a 12-month high of $75.43. The stock has a market cap of $7.31 billion, a P/E ratio of 24.51 and a beta of 0.63.

Invesco S&P 500 Low Volatility ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.106 per share. The ex-dividend date of this dividend 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.