Independent Financial Group LLC Takes $3.04 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Independent Financial Group LLC bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 41,553 shares of the company’s stock, valued at approximately $3,039,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Invesco S&P 500 Low Volatility ETF by 16.8% in the third quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after acquiring an additional 1,156,550 shares in the last quarter. Two Sigma Investments LP boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 301.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after purchasing an additional 1,082,900 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 413.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,278,712 shares of the company’s stock valued at $91,326,000 after purchasing an additional 1,029,465 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in Invesco S&P 500 Low Volatility ETF by 683.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 548,402 shares of the company’s stock worth $40,279,000 after buying an additional 478,382 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after buying an additional 423,940 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $76.57 on Friday. The firm’s fifty day simple moving average is $74.18 and its 200-day simple moving average is $74.03. Invesco S&P 500 Low Volatility ETF has a 12 month low of $69.63 and a 12 month high of $78.07. The stock has a market capitalization of $7.14 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54.

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.