Invesco S&P 500 Low Volatility ETF $SPLV Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 718,529 shares of the company’s stock after selling 60,360 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $52,798,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SPLV. AdvisorShares Investments LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter worth $54,539,000. Vestmark Advisory Solutions Inc. acquired a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter worth $32,580,000. Ameriprise Financial Inc. increased its stake in Invesco S&P 500 Low Volatility ETF by 26.6% in the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after acquiring an additional 423,940 shares during the period. Berman McAleer LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth approximately $25,964,000. Finally, Qube Research & Technologies Ltd raised its stake in Invesco S&P 500 Low Volatility ETF by 1,097.5% during the second quarter. Qube Research & Technologies Ltd now owns 371,371 shares of the company’s stock worth $27,043,000 after acquiring an additional 340,359 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $74.50 on Tuesday. The company has a market capitalization of $7.62 billion, a PE ratio of 24.11 and a beta of 0.62. The company’s fifty day moving average is $72.26 and its 200-day moving average is $72.53. Invesco S&P 500 Low Volatility ETF has a 52 week low of $67.13 and a 52 week high of $75.43.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.1347 dividend. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, January 20th. This is a positive change from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13.

About Invesco S&P 500 Low Volatility ETF

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.