SFG Wealth Management LLC. Trims Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

SFG Wealth Management LLC. decreased its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 20.4% in the third quarter, HoldingsChannel.com reports. The fund owned 3,873 shares of the company’s stock after selling 991 shares during the quarter. SFG Wealth Management LLC.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $278,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLV. Ulland Investment Advisors LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $50,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth $48,000. Triad Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth $50,000. Massmutual Trust Co. FSB ADV purchased a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth $61,000. Finally, Private Ocean LLC purchased a new position in Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth $65,000.

Invesco S&P 500 Low Volatility ETF Trading Up 1.0 %

Shares of NYSEARCA SPLV traded up $0.72 during trading on Friday, reaching $73.26. 241,330 shares of the company traded hands, compared to its average volume of 1,854,360. The firm’s fifty day simple moving average is $71.52 and its 200 day simple moving average is $68.00. The stock has a market cap of $7.92 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 12-month low of $59.30 and a 12-month high of $73.32.

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.