NewEdge Advisors LLC Purchases 8,668 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

NewEdge Advisors LLC grew its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 157,048 shares of the company’s stock after purchasing an additional 8,668 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $11,763,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc raised its holdings in Invesco S&P 500 Low Volatility ETF by 6.5% in the 2nd quarter. IFP Advisors Inc now owns 7,418 shares of the company’s stock worth $556,000 after acquiring an additional 451 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 2nd quarter worth $598,000. Waverly Advisors LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 118.0% in the second quarter. Waverly Advisors LLC now owns 84,895 shares of the company’s stock worth $6,359,000 after purchasing an additional 45,946 shares during the last quarter. Amundi raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 42.3% in the second quarter. Amundi now owns 25,619 shares of the company’s stock worth $1,919,000 after purchasing an additional 7,617 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 2.9% during the second quarter. HighTower Advisors LLC now owns 150,704 shares of the company’s stock valued at $11,288,000 after purchasing an additional 4,302 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $73.79 on Friday. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $78.82. The company has a market cap of $6.98 billion, a P/E ratio of 24.11 and a beta of 0.53. The stock’s fifty day moving average price is $75.82 and its 200-day moving average price is $74.68.

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.