Fortis Group Advisors LLC Buys New Position in Invesco S&P 500 Low Volatility ETF $SPLV

Fortis Group Advisors LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 54,613 shares of the company’s stock, valued at approximately $4,022,000. Fortis Group Advisors LLC owned about 0.05% of Invesco S&P 500 Low Volatility ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Synergy Investment Management LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 3.4% during the fourth quarter. Synergy Investment Management LLC now owns 9,830 shares of the company’s stock valued at $702,000 after buying an additional 320 shares during the last quarter. Tennessee Valley Asset Management Partners boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 4.2% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 35,804 shares of the company’s stock valued at $2,557,000 after buying an additional 1,435 shares during the last quarter. AlphaCore Capital LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 281.3% during the fourth quarter. AlphaCore Capital LLC now owns 3,622 shares of the company’s stock valued at $259,000 after buying an additional 2,672 shares during the last quarter. Meridian Financial Partners LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $205,000. Finally, Johnson & White Wealth Management LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.6% during the fourth quarter. Johnson & White Wealth Management LLC now owns 48,522 shares of the company’s stock valued at $3,465,000 after buying an additional 770 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Up 0.2%

Shares of NYSEARCA:SPLV opened at $73.56 on Thursday. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 24.11 and a beta of 0.57. Invesco S&P 500 Low Volatility ETF has a 12-month low of $69.63 and a 12-month high of $77.74. The business’s 50 day moving average is $73.66 and its 200 day moving average is $73.23.

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.