Invesco S&P 500 Low Volatility ETF $SPLV Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 22.6% during the 3rd quarter, Holdings Channel reports. The firm owned 53,734 shares of the company’s stock after selling 15,658 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,948,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Founders Financial Alliance LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at approximately $36,000. Ballast Inc. raised its position in Invesco S&P 500 Low Volatility ETF by 3.3% during the third quarter. Ballast Inc. now owns 205,011 shares of the company’s stock worth $15,064,000 after acquiring an additional 6,564 shares during the period. Fifth Third Bancorp lifted its holdings in Invesco S&P 500 Low Volatility ETF by 31.4% during the third quarter. Fifth Third Bancorp now owns 5,702 shares of the company’s stock valued at $419,000 after purchasing an additional 1,364 shares in the last quarter. Atticus Wealth Management LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 9.8% in the third quarter. Atticus Wealth Management LLC now owns 138,989 shares of the company’s stock valued at $10,213,000 after purchasing an additional 12,366 shares during the period. Finally, Petra Financial Advisors Inc. grew its position in shares of Invesco S&P 500 Low Volatility ETF by 3.8% in the third quarter. Petra Financial Advisors Inc. now owns 83,270 shares of the company’s stock valued at $6,119,000 after purchasing an additional 3,042 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.3%

SPLV opened at $71.21 on Friday. The company has a market cap of $7.48 billion, a PE ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $75.43. The company has a 50-day moving average price of $71.62 and a 200 day moving average price of $72.47.

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.