Brown Wealth Management LLC Sells 8,177 Shares of Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)

Brown Wealth Management LLC decreased its stake in shares of Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) by 36.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,356 shares of the company’s stock after selling 8,177 shares during the period. Brown Wealth Management LLC owned approximately 0.10% of Invesco S&P International Developed Low Volatility ETF worth $399,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IDLV. Principal Securities Inc. increased its holdings in Invesco S&P International Developed Low Volatility ETF by 46.3% during the 4th quarter. Principal Securities Inc. now owns 2,759 shares of the company’s stock worth $77,000 after purchasing an additional 873 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Invesco S&P International Developed Low Volatility ETF by 7.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 5,275 shares of the company’s stock valued at $147,000 after buying an additional 386 shares during the last quarter. Mariner LLC acquired a new stake in Invesco S&P International Developed Low Volatility ETF in the 4th quarter valued at approximately $252,000. Jones Financial Companies Lllp lifted its stake in Invesco S&P International Developed Low Volatility ETF by 49.6% in the 4th quarter. Jones Financial Companies Lllp now owns 10,578 shares of the company’s stock valued at $294,000 after acquiring an additional 3,509 shares in the last quarter. Finally, Wagner Wealth Management LLC boosted its position in Invesco S&P International Developed Low Volatility ETF by 3.9% during the 4th quarter. Wagner Wealth Management LLC now owns 10,777 shares of the company’s stock worth $300,000 after acquiring an additional 400 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Stock Up 1.3 %

NYSEARCA IDLV opened at $32.31 on Friday. The firm’s 50 day moving average is $30.37 and its 200-day moving average is $29.31. The company has a market capitalization of $277.87 million, a PE ratio of 17.25 and a beta of 0.53. Invesco S&P International Developed Low Volatility ETF has a 12-month low of $27.11 and a 12-month high of $32.38.

Invesco S&P International Developed Low Volatility ETF Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.