Northcape Wealth Management LLC Lowers Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Northcape Wealth Management LLC reduced its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,692 shares of the company’s stock after selling 920 shares during the quarter. Northcape Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,628,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPLV. HBK Sorce Advisory LLC raised its position in Invesco S&P 500 Low Volatility ETF by 20.2% in the 1st quarter. HBK Sorce Advisory LLC now owns 4,082 shares of the company’s stock worth $269,000 after purchasing an additional 685 shares during the period. Patten & Patten Inc. TN lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 9.6% in the 1st quarter. Patten & Patten Inc. TN now owns 15,231 shares of the company’s stock valued at $1,003,000 after acquiring an additional 1,328 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 2.8% during the 1st quarter. Beaumont Financial Advisors LLC now owns 11,228 shares of the company’s stock valued at $740,000 after acquiring an additional 311 shares during the period. Lake Street Advisors Group LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the 1st quarter worth approximately $234,000. Finally, CreativeOne Wealth LLC grew its position in Invesco S&P 500 Low Volatility ETF by 6.7% during the 1st quarter. CreativeOne Wealth LLC now owns 24,154 shares of the company’s stock worth $1,591,000 after acquiring an additional 1,510 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock opened at $72.70 on Friday. The company has a market capitalization of $7.86 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $60.15 and a fifty-two week high of $73.89. The stock has a 50 day moving average price of $71.74 and a two-hundred day moving average price of $68.31.

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.