Sovereign Investment Advisors LLC Sells 24,989 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Sovereign Investment Advisors LLC lessened its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 33.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,811 shares of the company’s stock after selling 24,989 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises 1.0% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Sovereign Investment Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,587,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Lavaca Capital LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at about $59,000. AlphaCore Capital LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 313.0% in 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 during the last quarter. Corundum Trust Company INC acquired a new position in Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $73,000. Solstein Capital LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 95.4% during the second quarter. Solstein Capital LLC now owns 1,024 shares of the company’s stock worth $75,000 after purchasing an additional 500 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 17.2% during the third quarter. CoreCap Advisors LLC now owns 1,418 shares of the company’s stock worth $104,000 after purchasing an additional 208 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $71.84 on Monday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $67.13 and a 52-week high of $75.43. The business’s fifty day moving average is $71.65 and its 200-day moving average is $72.46. The firm has a market cap of $7.31 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62.

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.