Invesco S&P 500 Low Volatility ETF $SPLV Stock: Verdence Capital Advisors LLC Raises Holdings

Verdence Capital Advisors LLC boosted its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 187.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 83,271 shares of the company’s stock after acquiring an additional 54,313 shares during the period. Verdence Capital Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,871,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPLV. Hsbc Holdings PLC increased its position in Invesco S&P 500 Low Volatility ETF by 417.7% during the second quarter. Hsbc Holdings PLC now owns 185,854 shares of the company’s stock worth $14,068,000 after buying an additional 149,956 shares in the last quarter. Vigilare Wealth Management lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 225.2% in the second quarter. Vigilare Wealth Management now owns 114,391 shares of the company’s stock valued at $8,568,000 after acquiring an additional 79,219 shares in the last quarter. Value Investment Professionals LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at $5,472,000. TSG Advice Partners LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at $5,079,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at $4,012,000.

Invesco S&P 500 Low Volatility ETF Stock Up 0.1%

SPLV opened at $75.52 on Tuesday. The firm has a market cap of $7.37 billion, a P/E ratio of 24.11 and a beta of 0.53. Invesco S&P 500 Low Volatility ETF has a 52 week low of $69.63 and a 52 week high of $78.82. The business’s fifty day simple moving average is $73.61 and its 200 day simple moving average is $74.21.

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.