IMG Wealth Management Inc. Takes $51,000 Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

IMG Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 723 shares of the company’s stock, valued at approximately $51,000.

A number of other large investors also recently modified their holdings of the business. Alaska Permanent Fund Corp increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.6% during the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock valued at $319,646,000 after purchasing an additional 73,093 shares during the period. Merit Financial Group LLC increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 11,765.4% during the fourth quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after purchasing an additional 1,716,566 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 3.3% during the fourth quarter. Bank of New York Mellon Corp now owns 1,348,811 shares of the company’s stock valued at $94,417,000 after purchasing an additional 43,320 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 2.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock valued at $91,361,000 after purchasing an additional 36,008 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $68,579,000.

Invesco S&P 500 Low Volatility ETF Stock Up 1.0 %

Shares of SPLV stock opened at $73.51 on Tuesday. The stock has a 50-day simple moving average of $72.03 and a 200 day simple moving average of $71.88. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.53 and a fifty-two week high of $75.43. The stock has a market capitalization of $7.62 billion, a P/E ratio of 23.79 and a beta of 0.69.

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.