Axxcess Wealth Management LLC Cuts Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Axxcess Wealth Management LLC lessened its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 72.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,500 shares of the company’s stock after selling 9,013 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $257,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings 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 during the period. AQR Capital Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 151.9% in the 1st quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock valued at $1,026,000 after purchasing an additional 8,282 shares during the last quarter. Goldman Sachs Group Inc. grew its stake 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 period. D.A. Davidson & CO. grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 10.7% in the 2nd quarter. D.A. Davidson & CO. now owns 27,911 shares of the company’s stock valued at $2,032,000 after buying an additional 2,691 shares during the period. Finally, Carnegie Investment Counsel increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 10.0% during the 2nd quarter. Carnegie Investment Counsel now owns 3,774 shares of the company’s stock worth $275,000 after buying an additional 344 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock opened at $76.07 on Tuesday. Invesco S&P 500 Low Volatility ETF has a one year low of $67.13 and a one year high of $76.58. The firm has a market cap of $7.78 billion, a PE ratio of 24.11 and a beta of 0.62. The firm’s 50 day moving average price is $73.13 and its 200-day moving average price is $72.71.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be given a $0.1346 dividend. The ex-dividend date is Monday, February 23rd. This represents a c) dividend on an annualized basis and a 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.