Purpose Unlimited Inc. Acquires Shares of 338,924 Invesco S&P Emerging Markets Low Volatility ETF $EELV

Purpose Unlimited Inc. acquired a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 338,924 shares of the company’s stock, valued at approximately $9,297,000. Purpose Unlimited Inc. owned about 2.22% of Invesco S&P Emerging Markets Low Volatility ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of EELV. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P Emerging Markets Low Volatility ETF by 4,145.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,776,294 shares of the company’s stock worth $76,154,000 after acquiring an additional 2,710,894 shares during the last quarter. LPL Financial LLC grew its position in Invesco S&P Emerging Markets Low Volatility ETF by 20.8% in the 4th quarter. LPL Financial LLC now owns 900,180 shares of the company’s stock valued at $24,692,000 after acquiring an additional 155,125 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Invesco S&P Emerging Markets Low Volatility ETF by 14.2% in the second quarter. Ameriprise Financial Inc. now owns 780,746 shares of the company’s stock worth $20,393,000 after purchasing an additional 96,826 shares during the period. Citadel Advisors LLC purchased a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the third quarter worth $2,103,000. Finally, Bank of America Corp DE lifted its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 15.4% during the third quarter. Bank of America Corp DE now owns 576,878 shares of the company’s stock worth $15,355,000 after purchasing an additional 76,914 shares during the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

Shares of EELV opened at $28.72 on Friday. The firm has a fifty day moving average price of $28.77 and a 200-day moving average price of $28.44. The firm has a market capitalization of $439.42 million, a P/E ratio of 12.64 and a beta of 0.42. Invesco S&P Emerging Markets Low Volatility ETF has a 12-month low of $25.10 and a 12-month high of $29.97.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.