Innova Wealth Partners Acquires 7,465 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Innova Wealth Partners grew its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 175.2% in the first quarter, Holdings Channel reports. The institutional investor owned 11,727 shares of the company’s stock after acquiring an additional 7,465 shares during the period. Innova Wealth Partners’ holdings in Invesco S&P 500 Low Volatility ETF were worth $858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPLV. Corundum Group Inc. increased its holdings in Invesco S&P 500 Low Volatility ETF by 19.4% during the 1st quarter. Corundum Group Inc. now owns 46,346 shares of the company’s stock worth $3,390,000 after purchasing an additional 7,539 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 4.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock worth $17,462,000 after purchasing an additional 11,477 shares during the last quarter. Cambria Investment Management L.P. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter worth approximately $10,917,000. CWM LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.0% in the fourth quarter. CWM LLC now owns 275,453 shares of the company’s stock valued at $19,673,000 after purchasing an additional 18,059 shares in the last quarter. Finally, Savvy Advisors Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $745,000.

Invesco S&P 500 Low Volatility ETF Stock Up 0.5%

Shares of NYSEARCA:SPLV opened at $75.24 on Thursday. The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54. Invesco S&P 500 Low Volatility ETF has a 12-month low of $69.63 and a 12-month high of $77.74. The business’s 50 day moving average is $73.55 and its 200 day moving average is $73.66.

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.