Sovereign Investment Advisors LLC Sells 11,402 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Sovereign Investment Advisors LLC cut its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 23.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,409 shares of the company’s stock after selling 11,402 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises approximately 0.7% of Sovereign Investment Advisors LLC’s holdings, making the stock its 29th largest holding. Sovereign Investment Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,672,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. NBC Securities Inc. lifted its position in Invesco S&P 500 Low Volatility ETF by 2.3% in the fourth quarter. NBC Securities Inc. now owns 6,509 shares of the company’s stock worth $465,000 after buying an additional 144 shares during the last quarter. Sound Income Strategies LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 9.7% in the fourth quarter. Sound Income Strategies LLC now owns 1,643 shares of the company’s stock worth $120,000 after buying an additional 145 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in Invesco S&P 500 Low Volatility ETF by 0.3% in the third quarter. Ausdal Financial Partners Inc. now owns 54,191 shares of the company’s stock worth $3,982,000 after buying an additional 148 shares during the last quarter. Laraway Financial Advisors Inc increased its stake in Invesco S&P 500 Low Volatility ETF by 0.9% in the third quarter. Laraway Financial Advisors Inc now owns 17,839 shares of the company’s stock worth $1,311,000 after purchasing an additional 157 shares during the period. Finally, Private Trust Co. NA increased its stake in Invesco S&P 500 Low Volatility ETF by 2.4% in the fourth quarter. Private Trust Co. NA now owns 6,866 shares of the company’s stock worth $490,000 after purchasing an additional 158 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.4%

SPLV stock opened at $74.20 on Tuesday. The business’s fifty day simple moving average is $73.52 and its two-hundred day simple moving average is $73.43. Invesco S&P 500 Low Volatility ETF has a twelve month low of $69.63 and a twelve month high of $77.74. The firm has a market cap of $7.25 billion, a price-to-earnings ratio of 24.11 and a beta of 0.55.

Invesco S&P 500 Low Volatility ETF Company 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.