Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Stake Lowered by Castle Wealth Management LLC

Castle Wealth Management LLC cut its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 12.8% in the 4th quarter, Holdings Channel reports. The firm owned 5,128 shares of the company’s stock after selling 750 shares during the quarter. Castle Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in SPLV. Keystone Financial Group grew its holdings in Invesco S&P 500 Low Volatility ETF by 282.2% in the 3rd quarter. Keystone Financial Group now owns 55,594 shares of the company’s stock worth $3,268,000 after buying an additional 41,047 shares in the last quarter. Picton Mahoney Asset Management bought a new position in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $32,584,000. Kingswood Wealth Advisors LLC boosted its stake in 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 valued at $715,000 after purchasing an additional 4,715 shares in the last quarter. FDx Advisors Inc. bought a new position in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $2,328,000. Finally, Townsquare Capital LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 102.2% during the 3rd quarter. Townsquare Capital LLC now owns 92,925 shares of the company’s stock valued at $5,463,000 after purchasing an additional 46,958 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Up 1.1 %

NYSEARCA SPLV traded up $0.66 on Friday, reaching $63.71. 2,457,881 shares of the stock traded hands, compared to its average volume of 2,234,355. The firm’s fifty day simple moving average is $64.25 and its 200 day simple moving average is $62.23. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 22.84 and a beta of 0.49. Invesco S&P 500 Low Volatility ETF has a 12 month low of $57.17 and a 12 month high of $65.99.

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.