Invesco S&P 500 Low Volatility ETF $SPLV Shares Sold by Apex Wealth Management LLC

Apex Wealth Management LLC cut its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 70.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,850 shares of the company’s stock after selling 6,923 shares during the quarter. Apex Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Armbruster Capital Management Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 5.1% in the third quarter. Armbruster Capital Management Inc. now owns 482,394 shares of the company’s stock worth $35,446,000 after buying an additional 23,531 shares during the period. Asset Allocation Strategies LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 67.9% in the third quarter. Asset Allocation Strategies LLC now owns 87,460 shares of the company’s stock worth $6,427,000 after buying an additional 35,371 shares during the period. Clearstead Trust LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter worth about $599,000. Citigroup Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 100.2% in the third quarter. Citigroup Inc. now owns 118,778 shares of the company’s stock worth $8,728,000 after buying an additional 59,448 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 4.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock worth $17,462,000 after buying an additional 11,477 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $74.26 on Friday. The company has a market capitalization of $7.31 billion, a P/E ratio of 24.11 and a beta of 0.61. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $77.74. The stock has a 50-day moving average price of $74.77 and a 200 day moving average price of $73.07.

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.