Berman McAleer LLC Buys Shares of 353,345 Invesco S&P 500 Low Volatility ETF $SPLV

Berman McAleer LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report) during the third quarter, Holdings Channel.com reports. The fund purchased 353,345 shares of the company’s stock, valued at approximately $25,964,000. Invesco S&P 500 Low Volatility ETF makes up about 3.6% of Berman McAleer LLC’s investment portfolio, making the stock its 8th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. AdvisorShares Investments LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter valued at about $54,539,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the second quarter worth about $32,580,000. Ameriprise Financial Inc. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 26.6% in the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after purchasing an additional 423,940 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 1,097.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 371,371 shares of the company’s stock valued at $27,043,000 after buying an additional 340,359 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 95.8% during the 2nd quarter. Cetera Investment Advisers now owns 599,039 shares of the company’s stock valued at $43,622,000 after buying an additional 293,166 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.8%

Invesco S&P 500 Low Volatility ETF stock opened at $73.65 on Friday. The firm has a 50 day simple moving average of $72.05 and a 200 day simple moving average of $72.47. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1347 dividend. This represents a c) annualized dividend and a dividend yield of 2.2%. This is a boost from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13. The ex-dividend date was Tuesday, January 20th.

Invesco S&P 500 Low Volatility ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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