49 Wealth Management LLC Acquires New Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

49 Wealth Management LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,927 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors have also made changes to their positions in the company. Assetmark Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 70.6% in the 3rd quarter. Assetmark Inc. now owns 1,363 shares of the company’s stock valued at $98,000 after acquiring an additional 564 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 10.1% in the 3rd quarter. Pinnacle Associates Ltd. now owns 7,308 shares of the company’s stock valued at $524,000 after acquiring an additional 670 shares in the last quarter. Simplicity Wealth LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 115.5% in the 2nd quarter. Simplicity Wealth LLC now owns 6,813 shares of the company’s stock valued at $443,000 after acquiring an additional 3,652 shares in the last quarter. Fifth Third Securities Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.4% in the 2nd quarter. Fifth Third Securities Inc. now owns 24,210 shares of the company’s stock valued at $1,572,000 after acquiring an additional 336 shares in the last quarter. Finally, Ballast Inc. increased its position in Invesco S&P 500 Low Volatility ETF by 1.8% in the 3rd quarter. Ballast Inc. now owns 191,645 shares of the company’s stock worth $13,747,000 after buying an additional 3,475 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Up 0.4 %

Shares of NYSEARCA SPLV opened at $73.96 on Friday. The business’s 50 day moving average is $71.97 and its two-hundred day moving average is $68.63. The company has a market cap of $8.00 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 12 month low of $60.64 and a 12 month high of $74.15.

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.