Avidian Wealth Solutions LLC Sells 717 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Avidian Wealth Solutions LLC lowered its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 6.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,066 shares of the company’s stock after selling 717 shares during the period. Avidian Wealth Solutions LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $729,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Simplex Trading LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at $2,539,000. ICA Group Wealth Management LLC increased its holdings 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 buying an additional 467 shares during the period. Sykon Capital LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $5,323,000. Crestline Management LP purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $7,523,000. Finally, Kingswood Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 70.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,416 shares of the company’s stock worth $715,000 after acquiring an additional 4,715 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV traded up $0.52 during mid-day trading on Wednesday, reaching $65.31. The company had a trading volume of 798,536 shares, compared to its average volume of 1,903,502. The firm has a 50-day moving average price of $65.12 and a 200 day moving average price of $64.23. Invesco S&P 500 Low Volatility ETF has a 52 week low of $57.17 and a 52 week high of $66.46. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

Invesco S&P 500 Low Volatility ETF Company 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.