Northstar Advisory Group LLC Invests $844,000 in Invesco S&P 500 Low Volatility ETF $SPLV

Northstar Advisory Group LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 11,823 shares of the company’s stock, valued at approximately $844,000.

Other institutional investors have also recently made changes to their positions in the company. Ulland Investment Advisors LLC grew its stake in Invesco S&P 500 Low Volatility ETF by 112.5% during the 3rd quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock worth $31,000 after buying an additional 225 shares during the last quarter. Bangor Savings Bank raised its stake in Invesco S&P 500 Low Volatility ETF by 681.0% in the third quarter. Bangor Savings Bank now owns 453 shares of the company’s stock valued at $33,000 after buying an additional 395 shares during the last quarter. Founders Financial Alliance LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF in the third quarter valued at about $36,000. Lavaca Capital LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF in the second quarter worth about $59,000. Finally, BNP Paribas Financial Markets boosted its holdings in Invesco S&P 500 Low Volatility ETF by 380.4% in the third quarter. BNP Paribas Financial Markets now owns 884 shares of the company’s stock worth $65,000 after acquiring an additional 700 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock opened at $72.78 on Tuesday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $77.74. The firm has a market capitalization of $7.44 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. The stock’s 50-day simple moving average is $74.60 and its 200-day simple moving average is $72.94.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.1346 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 2.2%.

About Invesco S&P 500 Low Volatility ETF

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.