Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Shares Sold by Smith Salley Wealth Management

Smith Salley Wealth Management cut its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,929 shares of the company’s stock after selling 434 shares during the period. Smith Salley Wealth Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,358,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of SPLV. Dynasty Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the first quarter worth $33,326,000. Cetera Investment Advisers lifted its position in Invesco S&P 500 Low Volatility ETF by 256.7% during the 1st quarter. Cetera Investment Advisers now owns 306,767 shares of the company’s stock worth $20,207,000 after acquiring an additional 220,764 shares during the period. Fortis Group Advisors LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at about $9,759,000. Fluent Financial LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 2nd quarter valued at about $8,346,000. Finally, PFG Advisors raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 359.8% in the third quarter. PFG Advisors now owns 152,593 shares of the company’s stock worth $10,946,000 after purchasing an additional 119,406 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Down 1.1 %

Invesco S&P 500 Low Volatility ETF stock opened at $71.38 on Friday. The stock has a 50-day moving average price of $71.23 and a 200 day moving average price of $67.51. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 52 week low of $57.35 and a 52 week 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.