Invesco S&P 500 Low Volatility ETF $SPLV Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 27.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 100,917 shares of the company’s stock after acquiring an additional 21,793 shares during the period. HB Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $7,415,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 7.6% during the 4th quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock worth $916,000 after acquiring an additional 922 shares during the period. Amundi acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $3,514,000. AQR Capital Management LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 151.9% during the first quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock worth $1,026,000 after purchasing an additional 8,282 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,545.3% during the first quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock worth $18,082,000 after purchasing an additional 227,292 shares during the period. Finally, Ascent Group LLC purchased a new position in Invesco S&P 500 Low Volatility ETF in the 1st quarter valued at $384,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $71.84 on Friday. The stock has a market capitalization of $7.31 billion, a P/E ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 1 year low of $67.13 and a 1 year high of $75.43. The company’s fifty day moving average is $71.63 and its two-hundred day moving average is $72.46.

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.