Fortune Financial Group Inc. Acquires Shares of 92,981 Invesco S&P 500 Low Volatility ETF $SPLV

Fortune Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 92,981 shares of the company’s stock, valued at approximately $6,665,000. Invesco S&P 500 Low Volatility ETF makes up 6.8% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. Fortune Financial Group Inc. owned 0.09% of Invesco S&P 500 Low Volatility ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Investment Advisory Services LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 4.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock valued at $17,462,000 after purchasing an additional 11,477 shares during the last quarter. CWM LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.0% during 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 during the last quarter. Clearstead Trust LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $599,000. Citigroup Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 100.2% during the third quarter. Citigroup Inc. now owns 118,778 shares of the company’s stock valued at $8,728,000 after purchasing an additional 59,448 shares during the last quarter. Finally, Cambria Investment Management L.P. purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $10,917,000.

Invesco S&P 500 Low Volatility ETF Stock Up 0.3%

SPLV opened at $73.89 on Thursday. The firm has a 50 day moving average price of $73.48 and a 200-day moving average price of $73.39. Invesco S&P 500 Low Volatility ETF has a twelve month low of $69.63 and a twelve month high of $77.74. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 24.11 and a beta of 0.55.

About Invesco S&P 500 Low Volatility ETF

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.