Variant Private Wealth LLC Acquires Shares of 13,946 Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Variant Private Wealth LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 13,946 shares of the company’s stock, valued at approximately $976,000. Invesco S&P 500 Low Volatility ETF comprises approximately 0.9% of Variant Private Wealth LLC’s portfolio, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. PMG Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $942,000. Compass Capital Corp MA ADV bought a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter worth approximately $311,000. Concurrent Investment Advisors LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 6.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 19,809 shares of the company’s stock worth $1,387,000 after purchasing an additional 1,170 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 97.5% during the 4th quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock worth $47,145,000 after buying an additional 332,413 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 130.5% during the 4th quarter. Global Retirement Partners LLC now owns 33,181 shares of the company’s stock worth $2,323,000 after buying an additional 18,783 shares during the period.

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

NYSEARCA SPLV opened at $73.18 on Friday. The company has a fifty day simple moving average of $70.92 and a 200 day simple moving average of $71.28. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.53 and a 12-month high of $75.14. The company has a market cap of $7.91 billion, a P/E ratio of 23.07 and a beta of 0.47.

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.