D.A. Davidson & CO. Has $1.60 Million Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

D.A. Davidson & CO. reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 22,355 shares of the company’s stock after selling 1,405 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,604,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its holdings in Invesco S&P 500 Low Volatility ETF by 2.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after acquiring an additional 36,008 shares during the period. Bank of New York Mellon Corp raised its stake in Invesco S&P 500 Low Volatility ETF by 7.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,251,856 shares of the company’s stock worth $81,308,000 after buying an additional 86,639 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 2.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 548,536 shares of the company’s stock valued at $35,627,000 after purchasing an additional 14,569 shares in the last quarter. Genworth Financial Inc lifted its position in Invesco S&P 500 Low Volatility ETF by 0.6% in the 2nd quarter. Genworth Financial Inc now owns 460,837 shares of the company’s stock valued at $29,931,000 after acquiring an additional 2,550 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF by 1,481.1% in the 3rd quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock valued at $32,240,000 after acquiring an additional 421,042 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

NYSEARCA:SPLV opened at $74.85 on Friday. The stock’s 50-day simple moving average is $72.35 and its 200 day simple moving average is $69.05. The company has a market cap of $8.09 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 52-week low of $60.65 and a 52-week high of $75.14.

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.