Brookstone Capital Management Has $41.92 Million Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Brookstone Capital Management trimmed its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 575,598 shares of the company’s stock after selling 43,324 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $41,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Salomon & Ludwin LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 11.1% in the first quarter. Salomon & Ludwin LLC now owns 1,547 shares of the company’s stock valued at $116,000 after acquiring an additional 155 shares during the period. Kestra Private Wealth Services LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 3.9% in the first quarter. Kestra Private Wealth Services LLC now owns 4,463 shares of the company’s stock valued at $333,000 after acquiring an additional 167 shares during the period. Harbour Investments Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 2.6% during the second quarter. Harbour Investments Inc. now owns 6,766 shares of the company’s stock worth $493,000 after buying an additional 173 shares during the period. SageView Advisory Group LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 0.9% during the first quarter. SageView Advisory Group LLC now owns 19,349 shares of the company’s stock worth $1,446,000 after buying an additional 176 shares during the period. Finally, Valmark Advisers Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 3.3% during the first quarter. Valmark Advisers Inc. now owns 5,865 shares of the company’s stock worth $438,000 after buying an additional 190 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV stock opened at $72.75 on Wednesday. The stock has a market capitalization of $7.76 billion, a P/E ratio of 24.11 and a beta of 0.69. The business has a 50-day moving average of $73.04 and a 200-day moving average of $72.67. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $75.43.

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.