Ipsen Advisor Group LLC Invests $1 Million in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV)

Ipsen Advisor Group LLC acquired a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,826 shares of the company’s stock, valued at approximately $1,003,000. Ipsen Advisor Group LLC owned approximately 0.23% of Invesco S&P Emerging Markets Low Volatility ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Stifel Financial Corp acquired a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF during the third quarter worth $326,000. JPMorgan Chase & Co. increased its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 140.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 67,094 shares of the company’s stock worth $1,750,000 after purchasing an additional 39,140 shares in the last quarter. Park Avenue Securities LLC increased its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 37.0% in the 4th quarter. Park Avenue Securities LLC now owns 46,753 shares of the company’s stock worth $1,094,000 after purchasing an additional 12,627 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Invesco S&P Emerging Markets Low Volatility ETF by 10.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 36,647 shares of the company’s stock valued at $858,000 after purchasing an additional 3,418 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Invesco S&P Emerging Markets Low Volatility ETF by 2.3% during the fourth quarter. Rhumbline Advisers now owns 214,996 shares of the company’s stock valued at $5,033,000 after purchasing an additional 4,844 shares in the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Trading Up 0.2 %

NYSEARCA:EELV opened at $24.35 on Wednesday. The stock’s 50-day moving average is $24.22 and its 200-day moving average is $24.57. The stock has a market cap of $362.82 million, a P/E ratio of 12.47 and a beta of 0.63. Invesco S&P Emerging Markets Low Volatility ETF has a 1-year low of $23.06 and a 1-year high of $26.48.

Invesco S&P Emerging Markets Low Volatility ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.2721 dividend. The ex-dividend date is Monday, March 24th.

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.