NewEdge Advisors LLC Increases Position in Invesco S&P 500 Low Volatility ETF $SPLV

NewEdge Advisors LLC increased its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 6.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 148,380 shares of the company’s stock after buying an additional 9,526 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $10,852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of SPLV. Bank of America Corp DE increased its position in shares of Invesco S&P 500 Low Volatility ETF by 16.8% during the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after purchasing an additional 1,156,550 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after purchasing an additional 423,940 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 3.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock worth $115,047,000 after buying an additional 57,312 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 6.7% in the 4th quarter. Royal Bank of Canada now owns 1,585,210 shares of the company’s stock worth $113,216,000 after buying an additional 99,562 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in Invesco S&P 500 Low Volatility ETF by 301.0% during the third quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after buying an additional 1,082,900 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

NYSEARCA SPLV opened at $76.21 on Monday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $69.63 and a 52-week high of $78.82. The company has a 50-day simple moving average of $75.18 and a 200 day simple moving average of $74.52. The company has a market capitalization of $7.21 billion, a PE ratio of 24.11 and a beta of 0.54.

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.