Perennial Investment Advisors LLC Sells 973 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Perennial Investment Advisors LLC trimmed its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 6.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,782 shares of the company’s stock after selling 973 shares during the period. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $965,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Alaska Permanent Fund Corp lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.6% during the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after purchasing an additional 73,093 shares during the last quarter. Wells Fargo & Company MN increased its stake in Invesco S&P 500 Low Volatility ETF by 0.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,758,749 shares of the company’s stock worth $123,112,000 after buying an additional 13,180 shares during the period. Merit Financial Group LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after buying an additional 1,716,566 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Low Volatility ETF by 3.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,348,811 shares of the company’s stock valued at $94,417,000 after buying an additional 43,320 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Invesco S&P 500 Low Volatility ETF in the 4th quarter worth about $68,579,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $69.99 on Friday. The company has a 50 day moving average price of $72.99 and a 200-day moving average price of $72.13. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.53 and a fifty-two week high of $75.43. The company has a market capitalization of $7.31 billion, a PE ratio of 24.51 and a beta of 0.63.

Invesco S&P 500 Low Volatility ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.106 per share. The ex-dividend date was Monday, March 24th.

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.