Kovack Advisors Inc. Sells 1,900 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Kovack Advisors Inc. reduced its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report) by 12.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,629 shares of the company’s stock after selling 1,900 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $978,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Clearview Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 4,390 shares of the company’s stock worth $315,000 after buying an additional 142 shares during the period. Cornerstone Wealth Management LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.1% during the third quarter. Cornerstone Wealth Management LLC now owns 14,888 shares of the company’s stock valued at $1,068,000 after purchasing an additional 155 shares in the last quarter. Creekmur Asset Management LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 0.4% in the third quarter. Creekmur Asset Management LLC now owns 45,830 shares of the company’s stock worth $3,287,000 after purchasing an additional 177 shares during the period. Detalus Advisors LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 5.4% in the second quarter. Detalus Advisors LLC now owns 3,525 shares of the company’s stock worth $229,000 after purchasing an additional 181 shares during the period. Finally, Carr Financial Group Corp lifted its position in Invesco S&P 500 Low Volatility ETF by 5.6% during the third quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock valued at $272,000 after buying an additional 200 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $73.37 on Thursday. The firm’s 50-day moving average price is $71.65 and its 200-day moving average price is $68.25. The company has a market capitalization of $7.93 billion, a PE ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 1-year low of $60.12 and a 1-year high of $73.89.

About Invesco S&P 500 Low Volatility ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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