HTLF Bank Invests $8.08 Million in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)

HTLF Bank bought a new stake in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 286,790 shares of the company’s stock, valued at approximately $8,079,000. Invesco S&P International Developed Low Volatility ETF comprises about 1.0% of HTLF Bank’s investment portfolio, making the stock its 26th largest position. HTLF Bank owned about 1.32% of Invesco S&P International Developed Low Volatility ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IDLV. Private Advisor Group LLC grew its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 3.5% in the third quarter. Private Advisor Group LLC now owns 12,156 shares of the company’s stock valued at $317,000 after purchasing an additional 414 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Invesco S&P International Developed Low Volatility ETF by 1.0% during the first quarter. Commonwealth Equity Services LLC now owns 47,452 shares of the company’s stock worth $1,298,000 after acquiring an additional 449 shares during the period. Kestra Advisory Services LLC raised its stake in shares of Invesco S&P International Developed Low Volatility ETF by 5.1% in the second quarter. Kestra Advisory Services LLC now owns 11,984 shares of the company’s stock valued at $328,000 after acquiring an additional 580 shares in the last quarter. Equitable Holdings Inc. boosted its holdings in Invesco S&P International Developed Low Volatility ETF by 0.5% in the second quarter. Equitable Holdings Inc. now owns 132,483 shares of the company’s stock valued at $3,623,000 after purchasing an additional 712 shares during the period. Finally, Citigroup Inc. grew its position in shares of Invesco S&P International Developed Low Volatility ETF by 6.6% during the first quarter. Citigroup Inc. now owns 12,910 shares of the company’s stock worth $353,000 after buying an additional 800 shares in the last quarter.

Invesco S&P International Developed Low Volatility ETF Price Performance

Shares of IDLV traded up $0.23 during midday trading on Friday, reaching $27.15. The stock had a trading volume of 7,463 shares, compared to its average volume of 88,169. The company has a market cap of $591.87 million, a price-to-earnings ratio of 16.03 and a beta of 0.62. The company’s fifty day simple moving average is $27.80 and its two-hundred day simple moving average is $27.30. Invesco S&P International Developed Low Volatility ETF has a 1-year low of $25.24 and a 1-year high of $28.60.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.