Investors Research Corp Sells 10,585 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Investors Research Corp lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 39.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,035 shares of the company’s stock after selling 10,585 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,131,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Purpose Unlimited Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $27,000. Networth Advisors LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF during the first quarter valued at approximately $56,000. Ashton Thomas Securities LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $66,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $68,000. Finally, Ballast Advisors LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the 1st quarter worth approximately $69,000.

Invesco S&P 500 Low Volatility ETF Stock Down 0.7%

SPLV stock traded down $0.51 during trading on Wednesday, hitting $71.22. The company had a trading volume of 1,622,564 shares, compared to its average volume of 2,795,593. The firm has a 50-day moving average price of $74.26 and a 200-day moving average price of $74.19. Invesco S&P 500 Low Volatility ETF has a 12 month low of $69.63 and a 12 month high of $78.82. The stock has a market cap of $7.03 billion, a price-to-earnings ratio of 24.11 and a beta of 0.53.

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.