Clearstead Trust LLC Buys New Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Clearstead Trust LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,156 shares of the company’s stock, valued at approximately $599,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC raised its position in shares of 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 acquiring an additional 922 shares in the last quarter. AQR Capital Management LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 151.9% during the first quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock worth $1,026,000 after purchasing an additional 8,282 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 1,545.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock worth $18,082,000 after buying an additional 227,292 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 10.7% during the 2nd quarter. D.A. Davidson & CO. now owns 27,911 shares of the company’s stock worth $2,032,000 after buying an additional 2,691 shares during the last quarter. Finally, Carnegie Investment Counsel boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 10.0% in the 2nd quarter. Carnegie Investment Counsel now owns 3,774 shares of the company’s stock valued at $275,000 after buying an additional 344 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA SPLV opened at $75.94 on Monday. The firm’s fifty day moving average price is $73.05 and its 200 day moving average price is $72.69. Invesco S&P 500 Low Volatility ETF has a 12 month low of $67.13 and a 12 month high of $76.58. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be issued a dividend of $0.1346 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 2.1%.

Invesco S&P 500 Low Volatility ETF 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.