Fortis Capital Advisors LLC Cuts Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Fortis Capital Advisors LLC lowered its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 18.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,588 shares of the company’s stock after selling 2,003 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $625,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 723,173.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock valued at $14,114,176,000 after buying an additional 193,795,994 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after buying an additional 597,838 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Low Volatility ETF by 42.7% during the 1st quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock valued at $118,994,000 after buying an additional 476,779 shares in the last quarter. Royal Bank of Canada grew its holdings in Invesco S&P 500 Low Volatility ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 1,411,700 shares of the company’s stock valued at $105,483,000 after buying an additional 102,504 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 13.9% in the 1st quarter. Raymond James Financial Inc. now owns 1,115,712 shares of the company’s stock worth $83,366,000 after purchasing an additional 136,011 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $73.01 on Friday. The stock has a market cap of $7.80 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The stock has a 50 day moving average price of $73.14 and a 200-day moving average price of $72.75. Invesco S&P 500 Low Volatility ETF has a one year low of $67.13 and a one year high of $75.43.

Invesco S&P 500 Low Volatility ETF 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.