D.A. Davidson & CO. Has $1.59 Million Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

D.A. Davidson & CO. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 22,718 shares of the company’s stock after buying an additional 363 shares during the period. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,590,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Merit Financial Group LLC increased its position in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock worth $121,181,000 after purchasing an additional 1,716,566 shares during the last quarter. Lockheed Martin Investment Management Co. increased its position in Invesco S&P 500 Low Volatility ETF by 168.9% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after purchasing an additional 556,000 shares during the last quarter. Citigroup Inc. increased its position in Invesco S&P 500 Low Volatility ETF by 1,481.1% in the 3rd quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares during the last quarter. Tidal Investments LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth about $8,791,000. Finally, Alaska Permanent Fund Corp increased its position in Invesco S&P 500 Low Volatility ETF by 1.6% in the 4th quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after purchasing an additional 73,093 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV stock opened at $73.18 on Friday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.53 and a fifty-two week high of $75.14. The stock’s 50-day moving average is $70.95 and its two-hundred day moving average is $71.33. The firm has a market cap of $7.91 billion, a P/E ratio of 23.07 and a beta of 0.47.

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.