JPMorgan Chase & Co. Sells 8,952 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

JPMorgan Chase & Co. trimmed its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.7% during the third quarter, HoldingsChannel.com reports. The firm owned 325,587 shares of the company’s stock after selling 8,952 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $23,924,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in SPLV. Bangor Savings Bank grew its holdings in Invesco S&P 500 Low Volatility ETF by 681.0% during the 3rd quarter. Bangor Savings Bank now owns 453 shares of the company’s stock valued at $33,000 after buying an additional 395 shares in the last quarter. Lavaca Capital LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the second quarter valued at approximately $59,000. AlphaCore Capital LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 313.0% during the second quarter. AlphaCore Capital LLC now owns 950 shares of the company’s stock valued at $69,000 after acquiring an additional 720 shares in the last quarter. Corundum Trust Company INC bought a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter worth approximately $73,000. Finally, CoreCap Advisors LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 17.2% in the 3rd quarter. CoreCap Advisors LLC now owns 1,418 shares of the company’s stock worth $104,000 after purchasing an additional 208 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $77.40 on Monday. The firm has a fifty day moving average price of $73.54 and a two-hundred day moving average price of $72.80. The company has a market cap of $7.91 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a one year low of $67.13 and a one year high of $77.47.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.1346 per share. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, February 23rd.

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.