Summit Global Investments Buys Shares of 25,822 Invesco S&P 500 Low Volatility ETF $SPLV

Summit Global Investments purchased a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 25,822 shares of the company’s stock, valued at approximately $1,889,000.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 7.6% in the fourth quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock valued at $916,000 after buying an additional 922 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 151.9% during the 1st 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 period. Goldman Sachs Group Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1,545.3% during the 1st 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. Quantbot Technologies LP acquired a new stake in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at approximately $320,000. Finally, First Trust Advisors LP acquired a new stake in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at approximately $230,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

NYSEARCA SPLV opened at $76.09 on Tuesday. The firm has a market cap of $7.10 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54. The firm has a 50 day simple moving average of $74.25 and a 200-day simple moving average of $74.07. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $78.07.

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.