Pinnacle Wealth Management Advisory Group LLC Buys New Position in Invesco S&P 500 Low Volatility ETF (SPLV)

Pinnacle Wealth Management Advisory Group LLC bought a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,135 shares of the company’s stock, valued at approximately $333,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Marietta Wealth Management LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $438,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 15.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 738,729 shares of the company’s stock worth $34,462,000 after acquiring an additional 97,833 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 72.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 25,284 shares of the company’s stock worth $1,180,000 after acquiring an additional 10,643 shares during the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 37,283 shares of the company’s stock worth $1,739,000 after acquiring an additional 755 shares during the last quarter. Finally, Roman Butler Fullerton & Co. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $280,000.

Shares of NYSEARCA:SPLV opened at $50.67 on Wednesday. Invesco S&P 500 Low Volatility ETF has a one year low of $44.16 and a one year high of $50.73.

The firm also recently declared a monthly dividend, which was paid on Thursday, January 31st. Stockholders of record on Wednesday, January 23rd were given a dividend of $0.0927 per share. This is a boost from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.09. The ex-dividend date was Tuesday, January 22nd. This represents a $1.11 annualized dividend and a dividend yield of 2.19%.

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Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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