Picton Mahoney Asset Management Acquires 325,353 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

Picton Mahoney Asset Management lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 9,457.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,793 shares of the company’s stock after purchasing an additional 325,353 shares during the period. Picton Mahoney Asset Management owned about 0.31% of Invesco S&P 500 Low Volatility ETF worth $24,159,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPLV. Dominguez Wealth Management Solutions Inc. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.4% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 145,913 shares of the company’s stock worth $10,722,000 after acquiring an additional 10,080 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 10.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 105,818 shares of the company’s stock valued at $7,706,000 after purchasing an additional 9,628 shares during the period. Armbruster Capital Management Inc. lifted its holdings in Invesco S&P 500 Low Volatility ETF by 5.1% during the 3rd quarter. Armbruster Capital Management Inc. now owns 482,394 shares of the company’s stock worth $35,446,000 after purchasing an additional 23,531 shares in the last quarter. Allworth Financial LP boosted its stake in Invesco S&P 500 Low Volatility ETF by 0.9% in the 2nd quarter. Allworth Financial LP now owns 85,996 shares of the company’s stock worth $6,262,000 after purchasing an additional 741 shares during the period. Finally, Asset Allocation Strategies LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 67.9% in the 3rd quarter. Asset Allocation Strategies LLC now owns 87,460 shares of the company’s stock worth $6,427,000 after purchasing an additional 35,371 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.6%

SPLV stock opened at $76.99 on Wednesday. The stock has a 50-day simple moving average of $73.77 and a two-hundred day simple moving average of $72.85. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $77.74. The firm has a market capitalization of $7.87 billion, a PE ratio of 24.11 and a beta of 0.62.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.1346 per share. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd.

Invesco S&P 500 Low Volatility ETF Company 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.