Weaver Capital Management LLC Lowers Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Weaver Capital Management LLC trimmed its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,969 shares of the company’s stock after selling 225 shares during the period. Weaver Capital Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,221,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Ulland Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $50,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter worth about $48,000. Triad Wealth Partners LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth about $50,000. Massmutual Trust Co. FSB ADV bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at about $61,000. Finally, Private Ocean LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the 2nd quarter valued at about $65,000.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $72.45 on Wednesday. Invesco S&P 500 Low Volatility ETF has a 1-year low of $57.35 and a 1-year high of $73.32. The business has a 50 day moving average of $71.03 and a 200 day moving average of $67.38. The company has a market capitalization of $7.83 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.