Pettinga Financial Advisors LLC Makes New $1 Million Investment in Invesco S&P 500 Low Volatility ETF $SPLV

Pettinga Financial Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 13,400 shares of the company’s stock, valued at approximately $1,004,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Purpose Unlimited Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $29,000. Kingdom Financial Group LLC. purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $45,000. Networth Advisors LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the first quarter valued at $56,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 380.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 884 shares of the company’s stock valued at $65,000 after buying an additional 700 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $76.21 on Monday. The firm’s 50-day moving average price is $75.18 and its 200-day moving average price is $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 has a 1-year low of $69.63 and a 1-year high of $78.82.

Invesco S&P 500 Low Volatility ETF Company Profile

(Free Report)

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.

Further Reading

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

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