Brick & Kyle Associates Sells 356 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Brick & Kyle Associates lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 3.0% in the second quarter, Holdings Channel reports. The firm owned 11,528 shares of the company’s stock after selling 356 shares during the period. Brick & Kyle Associates’ holdings in Invesco S&P 500 Low Volatility ETF were worth $749,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. ICA Group Wealth Management LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 11.6% in the fourth quarter. ICA Group Wealth Management LLC now owns 4,509 shares of the company’s stock worth $283,000 after purchasing an additional 467 shares during the period. Crestline Management LP bought a new position in Invesco S&P 500 Low Volatility ETF in the 4th quarter worth approximately $7,523,000. Simplicity Wealth LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 115.5% during the second quarter. Simplicity Wealth LLC now owns 6,813 shares of the company’s stock worth $443,000 after buying an additional 3,652 shares during the last quarter. Fifth Third Securities Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.4% in the second quarter. Fifth Third Securities Inc. now owns 24,210 shares of the company’s stock valued at $1,572,000 after acquiring an additional 336 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $38,000.

Invesco S&P 500 Low Volatility ETF Trading Up 0.4 %

Shares of SPLV stock opened at $71.53 on Friday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $57.17 and a 1 year high of $71.93. The firm’s fifty day simple moving average is $69.38 and its 200 day simple moving average is $66.48. The firm has a market capitalization of $7.74 billion, a P/E ratio of 23.07 and a beta of 0.47.

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.