IFG Advisory LLC Has $1.98 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

IFG Advisory LLC lessened its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 43.5% in the third quarter, HoldingsChannel reports. The fund owned 26,906 shares of the company’s stock after selling 20,733 shares during the period. IFG Advisory LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,977,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. NewSquare Capital LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.0% during the third quarter. NewSquare Capital LLC now owns 455,085 shares of the company’s stock worth $33,440,000 after purchasing an additional 4,324 shares during the period. Viawealth LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 4.8% in the 3rd quarter. Viawealth LLC now owns 10,536 shares of the company’s stock valued at $774,000 after purchasing an additional 479 shares during the period. Cambria Investment Management L.P. bought a new stake in Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at $10,917,000. Picton Mahoney Asset Management grew its holdings in Invesco S&P 500 Low Volatility ETF by 9,457.9% in the 3rd quarter. Picton Mahoney Asset Management now owns 328,793 shares of the company’s stock valued at $24,159,000 after buying an additional 325,353 shares in the last quarter. Finally, Burk Holdings LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at $274,000.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV stock opened at $76.07 on Friday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $77.74. The stock has a market capitalization of $7.78 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. The business’s fifty day moving average price is $74.04 and its two-hundred day moving average price is $72.92.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The firm also recently declared 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) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend 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.