Avidian Wealth Enterprises LLC Invests $7.50 Million in Invesco S&P 500 Low Volatility ETF $SPLV

Avidian Wealth Enterprises LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the second quarter, HoldingsChannel.com reports. The fund purchased 103,028 shares of the company’s stock, valued at approximately $7,503,000.

A number of other large investors have also made changes to their positions in the business. WESPAC Advisors SoCal LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 273.1% during the second quarter. WESPAC Advisors SoCal LLC now owns 12,627 shares of the company’s stock worth $919,000 after purchasing an additional 9,243 shares in the last quarter. Stephens Inc. AR increased its position in shares of Invesco S&P 500 Low Volatility ETF by 2.1% during the second quarter. Stephens Inc. AR now owns 70,580 shares of the company’s stock worth $5,140,000 after purchasing an additional 1,444 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 24.7% during the second quarter. Chicago Partners Investment Group LLC now owns 22,086 shares of the company’s stock worth $1,623,000 after purchasing an additional 4,381 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 36.5% during the second quarter. International Assets Investment Management LLC now owns 10,150 shares of the company’s stock worth $739,000 after purchasing an additional 2,715 shares in the last quarter. Finally, Harbor Asset Planning Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the second quarter worth $473,000.

Invesco S&P 500 Low Volatility ETF Trading Up 0.2%

Shares of SPLV stock opened at $72.85 on Tuesday. The business’s fifty day simple moving average is $73.06 and its 200-day simple moving average is $72.67. The company has a market cap of $7.75 billion, a PE ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43.

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.