Invesco S&P 500 Low Volatility ETF $SPLV Stock: Israel Discount Bank of New York Raises Position

Israel Discount Bank of New York boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 13.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,355 shares of the company’s stock after buying an additional 9,970 shares during the period. Invesco S&P 500 Low Volatility ETF makes up about 10.6% of Israel Discount Bank of New York’s holdings, making the stock its largest holding. Israel Discount Bank of New York’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,877,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPLV. Corundum Group Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 19.4% in the 1st quarter. Corundum Group Inc. now owns 46,346 shares of the company’s stock valued at $3,390,000 after acquiring an additional 7,539 shares in the last quarter. Advisory Solutions Group LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the second quarter worth approximately $1,653,000. Quantinno Capital Management LP increased its position in shares of Invesco S&P 500 Low Volatility ETF by 102.9% in the first quarter. Quantinno Capital Management LP now owns 22,424 shares of the company’s stock worth $1,640,000 after purchasing an additional 11,370 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter worth approximately $693,000. Finally, Compass Financial Group Inc. Ohio purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $1,141,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV traded up $0.05 on Wednesday, reaching $73.03. The company had a trading volume of 1,132,518 shares, compared to its average volume of 2,759,860. Invesco S&P 500 Low Volatility ETF has a 52-week low of $69.63 and a 52-week high of $78.82. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 24.11 and a beta of 0.53. The business has a 50 day simple moving average of $73.83 and a 200 day simple moving average of $74.17.

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.