Sequoia Financial Advisors LLC Has $8.37 Million Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Sequoia Financial Advisors LLC reduced its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 33.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 114,917 shares of the company’s stock after selling 56,826 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $8,368,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. MGO One Seven LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 8.0% in the 2nd quarter. MGO One Seven LLC now owns 47,361 shares of the company’s stock valued at $3,449,000 after purchasing an additional 3,499 shares during the period. Genesee Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at approximately $2,747,000. CWM LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 52.2% in the 2nd quarter. CWM LLC now owns 247,047 shares of the company’s stock valued at $17,990,000 after purchasing an additional 84,781 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 69,127 shares of the company’s stock valued at $5,034,000 after purchasing an additional 514 shares during the period. Finally, Johnson Investment Counsel Inc. grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 13.2% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 22,622 shares of the company’s stock valued at $1,647,000 after purchasing an additional 2,632 shares during the period.

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

SPLV stock opened at $72.23 on Tuesday. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43. The firm has a market cap of $7.74 billion, a P/E ratio of 24.11 and a beta of 0.69. The business’s 50 day moving average is $73.12 and its 200-day moving average is $72.71.

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.