Sax Wealth Advisors LLC Invests $954,000 in Invesco S&P 500 Low Volatility ETF $SPLV

Sax Wealth Advisors LLC bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,039 shares of the company’s stock, valued at approximately $954,000.

Several other hedge funds also recently modified their holdings of the stock. Money Concepts Capital Corp raised its position in Invesco S&P 500 Low Volatility ETF by 2.9% in the 1st quarter. Money Concepts Capital Corp now owns 5,031 shares of the company’s stock valued at $368,000 after buying an additional 141 shares during the last quarter. NBC Securities Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 2.3% during the 4th quarter. NBC Securities Inc. now owns 6,509 shares of the company’s stock worth $465,000 after acquiring an additional 144 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.4% in the 4th quarter. Private Trust Co. NA now owns 6,866 shares of the company’s stock worth $490,000 after acquiring an additional 158 shares in the last quarter. Rockingstone Advisors LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.6% in the 4th quarter. Rockingstone Advisors LLC now owns 6,245 shares of the company’s stock worth $446,000 after acquiring an additional 160 shares in the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.7% in the first quarter. Sigma Planning Corp now owns 10,449 shares of the company’s stock valued at $764,000 after purchasing an additional 176 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV stock opened at $75.70 on Tuesday. The firm has a 50-day moving average of $75.27 and a 200-day moving average of $74.54. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $78.82. The company has a market cap of $7.16 billion, a P/E ratio of 24.11 and a beta of 0.54.

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.