Strategic Wealth Advisors LLC Invests $887,000 in Invesco S&P 500 Low Volatility ETF $SPLV

Strategic Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 12,425 shares of the company’s stock, valued at approximately $887,000. Invesco S&P 500 Low Volatility ETF accounts for approximately 0.8% of Strategic Wealth Advisors LLC’s holdings, making the stock its 28th largest position.

Several other hedge funds have also made changes to their positions in SPLV. Ulland Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 112.5% during the third quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock worth $31,000 after purchasing an additional 225 shares in the last quarter. Bangor Savings Bank lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 681.0% during the third quarter. Bangor Savings Bank now owns 453 shares of the company’s stock worth $33,000 after purchasing an additional 395 shares in the last quarter. Founders Financial Alliance LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth about $36,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth about $49,000. Finally, Maseco LLP acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth about $55,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $73.12 on Friday. The company’s 50-day simple moving average is $74.32 and its 200-day simple moving average is $73.17. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $77.74. The stock has a market capitalization of $7.14 billion, a PE ratio of 24.11 and a beta of 0.57.

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.