Brookstone Capital Management Lowers Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Brookstone Capital Management cut its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 627,650 shares of the company’s stock after selling 2,441 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for 0.7% of Brookstone Capital Management’s holdings, making the stock its 29th biggest position. Brookstone Capital Management owned about 0.58% of Invesco S&P 500 Low Volatility ETF worth $45,021,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Scarborough Advisors LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $29,000. Global Trust Asset Management LLC increased its position in Invesco S&P 500 Low Volatility ETF by 149.3% during the first quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter worth about $48,000. Triad Wealth Partners LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter worth about $50,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in Invesco S&P 500 Low Volatility ETF during the third quarter worth about $61,000.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV opened at $71.10 on Wednesday. Invesco S&P 500 Low Volatility ETF has a 1-year low of $57.35 and a 1-year high of $71.93. The stock has a market cap of $7.69 billion, a PE ratio of 23.07 and a beta of 0.47. The firm has a 50-day simple moving average of $70.09 and a two-hundred day simple moving average of $66.87.

Invesco S&P 500 Low Volatility ETF 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.