Ring Mountain Capital LLC bought a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,391 shares of the company’s stock, valued at approximately $237,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLV. Sheets Smith Wealth Management raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 0.5% during the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock valued at $2,293,000 after purchasing an additional 178 shares in the last quarter. Carr Financial Group Corp raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 5.6% during the 3rd quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock valued at $272,000 after purchasing an additional 200 shares in the last quarter. Ulland Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 28.6% during the 4th quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock valued at $63,000 after purchasing an additional 200 shares in the last quarter. Magnus Financial Group LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.8% during the 4th quarter. Magnus Financial Group LLC now owns 11,059 shares of the company’s stock valued at $774,000 after purchasing an additional 200 shares in the last quarter. Finally, Harbour Investments Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 5.4% during the 3rd quarter. Harbour Investments Inc. now owns 3,902 shares of the company’s stock valued at $280,000 after purchasing an additional 201 shares in the last quarter.
Invesco S&P 500 Low Volatility ETF Trading Up 0.7 %
Invesco S&P 500 Low Volatility ETF stock opened at $75.06 on Tuesday. The company has a market capitalization of $7.72 billion, a P/E ratio of 23.63 and a beta of 0.72. The firm’s fifty day simple moving average is $71.39 and its 200-day simple moving average is $71.64. Invesco S&P 500 Low Volatility ETF has a 1-year low of $62.53 and a 1-year high of $75.28.
About Invesco S&P 500 Low Volatility ETF
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.
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