Comerica Bank increased its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 31.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,981 shares of the company’s stock after acquiring an additional 5,801 shares during the period. Comerica Bank’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,679,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth approximately $27,000. Flagship Wealth Advisors LLC acquired a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth approximately $29,000. Roxbury Financial LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at $47,000. IMG Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $51,000. Finally, Hoey Investments Inc. bought a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth $59,000.
Invesco S&P 500 Low Volatility ETF Trading Down 0.1 %
Shares of SPLV opened at $72.60 on Friday. The business’s 50-day moving average price is $72.45 and its 200 day moving average price is $72.10. The stock has a market capitalization of $7.61 billion, a P/E ratio of 23.44 and a beta of 0.63. Invesco S&P 500 Low Volatility ETF has a 1-year low of $63.66 and a 1-year high of $75.43.
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.
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