Invesco S&P 500 Low Volatility ETF $SPLV Stock Purchased by Parallel Advisors LLC

Parallel Advisors LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 22.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,679 shares of the company’s stock after purchasing an additional 7,904 shares during the quarter. Parallel Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $3,009,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPLV. Kestra Advisory Services LLC grew its position in Invesco S&P 500 Low Volatility ETF by 8.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 286,628 shares of the company’s stock worth $20,210,000 after acquiring an additional 22,919 shares during the last quarter. Chicago Partners Investment Group LLC boosted its position in Invesco S&P 500 Low Volatility ETF by 2.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 14,561 shares of the company’s stock worth $1,098,000 after buying an additional 361 shares during the period. Basso Capital Management L.P. increased its position in Invesco S&P 500 Low Volatility ETF by 25.3% in the 3rd quarter. Basso Capital Management L.P. now owns 4,459 shares of the company’s stock valued at $314,000 after acquiring an additional 900 shares during the period. Lunt Capital Management Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at approximately $1,320,000. Finally, XML Financial LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.6% during the third quarter. XML Financial LLC now owns 15,263 shares of the company’s stock worth $1,076,000 after purchasing an additional 246 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA SPLV opened at $76.87 on Monday. The company has a market capitalization of $7.54 billion, a price-to-earnings ratio of 24.11 and a beta of 0.51. Invesco S&P 500 Low Volatility ETF has a twelve month low of $69.92 and a twelve month high of $79.45. The stock has a fifty day simple moving average of $73.78 and a 200 day simple moving average of $74.43.

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.