Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Shares Sold by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,999 shares of the company’s stock after selling 1,142 shares during the quarter. Invesco S&P 500 Low Volatility ETF accounts for approximately 2.2% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 8th largest holding. Burns Matteson Capital Management LLC owned 0.06% of Invesco S&P 500 Low Volatility ETF worth $4,410,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Merit Financial Group LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after purchasing an additional 1,716,566 shares in the last quarter. Lockheed Martin Investment Management Co. raised its holdings in Invesco S&P 500 Low Volatility ETF by 168.9% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock valued at $61,964,000 after acquiring an additional 556,000 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,481.1% during the third quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares during the last quarter. Fortis Group Advisors LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter valued at $9,759,000. Finally, Tidal Investments LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the third quarter valued at $8,791,000.

Invesco S&P 500 Low Volatility ETF Trading Down 0.3 %

Shares of NYSEARCA:SPLV opened at $71.87 on Monday. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. The stock’s 50-day moving average price is $71.00 and its two-hundred day moving average price is $70.99. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.37 and a 12-month high of $75.14.

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.