Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) is Merit Financial Group LLC’s 8th Largest Position

Merit Financial Group LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 11,765.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,731,156 shares of the company’s stock after purchasing an additional 1,716,566 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for about 2.2% of Merit Financial Group LLC’s portfolio, making the stock its 8th largest position. Merit Financial Group LLC owned 1.60% of Invesco S&P 500 Low Volatility ETF worth $121,181,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Prospera Private Wealth LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth $31,000. Ulland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth $50,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $61,000. Tidemark LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 81.5% in the 3rd quarter. Tidemark LLC now owns 893 shares of the company’s stock worth $64,000 after purchasing an additional 401 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Invesco S&P 500 Low Volatility ETF during the 3rd quarter worth $77,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $70.90 on Friday. The stock has a market cap of $7.67 billion, a PE ratio of 23.07 and a beta of 0.47. The stock has a 50-day moving average of $71.66 and a two-hundred day moving average of $70.38. Invesco S&P 500 Low Volatility ETF has a one year low of $62.37 and a one year high of $75.14.

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.