Braun Bostich & Associates Inc. Sells 2,581 Shares of Invesco S&P 500 Low Volatility ETF (SPLV)

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Braun Bostich & Associates Inc. reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 100,554 shares of the company’s stock after selling 2,581 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises about 5.0% of Braun Bostich & Associates Inc.’s holdings, making the stock its largest position. Braun Bostich & Associates Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,691,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLV. Morgan Stanley lifted its holdings in Invesco S&P 500 Low Volatility ETF by 18.2% in the third quarter. Morgan Stanley now owns 11,008,998 shares of the company’s stock valued at $545,165,000 after buying an additional 1,698,448 shares during the period. Gradient Investments LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 316,842.4% in the fourth quarter. Gradient Investments LLC now owns 7,128,034 shares of the company’s stock valued at $332,523,000 after buying an additional 7,125,785 shares during the period. Dow Chemical Co. DE acquired a new position in Invesco S&P 500 Low Volatility ETF in the third quarter valued at approximately $226,496,000. Wells Fargo & Company MN lifted its holdings in Invesco S&P 500 Low Volatility ETF by 2.5% in the third quarter. Wells Fargo & Company MN now owns 3,097,388 shares of the company’s stock valued at $153,382,000 after buying an additional 76,443 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Invesco S&P 500 Low Volatility ETF by 61.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,194,280 shares of the company’s stock valued at $102,364,000 after buying an additional 834,501 shares during the period.

Shares of NYSEARCA SPLV opened at $51.13 on Thursday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $44.16 and a fifty-two week high of $51.19.

The company also recently announced a monthly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Wednesday, February 20th will be issued a $0.0957 dividend. The ex-dividend date is Tuesday, February 19th. This is a positive change from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.09. This represents a $1.15 annualized dividend and a yield of 2.25%.

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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV).

Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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