PFG Advisors Has $3.79 Million Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

PFG Advisors lowered its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 67.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 51,624 shares of the company’s stock after selling 106,225 shares during the period. PFG Advisors’ holdings in Invesco S&P 500 Low Volatility ETF were worth $3,793,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPLV. Brighton Jones LLC raised its position in Invesco S&P 500 Low Volatility ETF by 7.6% during the 4th quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock worth $916,000 after purchasing an additional 922 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 151.9% during the 1st quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock worth $1,026,000 after buying an additional 8,282 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Invesco S&P 500 Low Volatility ETF by 1,545.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock valued at $18,082,000 after buying an additional 227,292 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Invesco S&P 500 Low Volatility ETF by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 800,204 shares of the company’s stock valued at $58,271,000 after buying an additional 11,246 shares during the last quarter. Finally, KCM Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at about $291,000.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV opened at $75.86 on Tuesday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $67.13 and a 1 year high of $77.74. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. The business has a 50-day moving average of $74.12 and a 200-day moving average of $72.92.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders 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.