Armbruster Capital Management Inc. Has $32.51 Million Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Armbruster Capital Management Inc. increased its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 435,088 shares of the company’s stock after purchasing an additional 19,499 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for 6.5% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Armbruster Capital Management Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $32,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 53.3% in the 4th quarter. JPMorgan Chase & Co. now owns 325,178 shares of the company’s stock valued at $22,762,000 after purchasing an additional 113,048 shares during the period. Assetmark Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 39.7% in the 4th quarter. Assetmark Inc. now owns 1,904 shares of the company’s stock valued at $133,000 after purchasing an additional 541 shares during the period. Savant Capital LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 36.7% in the 4th quarter. Savant Capital LLC now owns 3,989 shares of the company’s stock valued at $279,000 after purchasing an additional 1,070 shares during the period. Millennium Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 153.4% in the 4th quarter. Millennium Management LLC now owns 21,599 shares of the company’s stock valued at $1,512,000 after purchasing an additional 13,074 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 239.9% in the 4th quarter. Russell Investments Group Ltd. now owns 1,584 shares of the company’s stock valued at $111,000 after purchasing an additional 1,118 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $72.43 on Friday. The firm has a fifty day moving average price of $72.38 and a two-hundred day moving average price of $72.16. Invesco S&P 500 Low Volatility ETF has a one year low of $64.45 and a one year high of $75.43. The company has a market cap of $7.92 billion, a price-to-earnings ratio of 23.61 and a beta of 0.64.

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.