Israel Discount Bank of New York Invests $1.67 Million in Invesco S&P 500 Low Volatility ETF $SPLV

Israel Discount Bank of New York bought a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 23,364 shares of the company’s stock, valued at approximately $1,669,000. Invesco S&P 500 Low Volatility ETF makes up about 4.5% of Israel Discount Bank of New York’s investment portfolio, making the stock its 9th biggest position.

Several other large investors also recently modified their holdings of the stock. Bank of Montreal Can boosted its stake in Invesco S&P 500 Low Volatility ETF by 1,951.0% in the third quarter. Bank of Montreal Can now owns 2,926,999 shares of the company’s stock valued at $215,076,000 after buying an additional 2,784,291 shares in the last quarter. Bank of America Corp DE boosted its stake in Invesco S&P 500 Low Volatility ETF by 16.8% in the third quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after buying an additional 1,156,550 shares in the last quarter. Two Sigma Investments LP boosted its stake in Invesco S&P 500 Low Volatility ETF by 301.0% in 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 in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Invesco S&P 500 Low Volatility ETF by 683.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 548,402 shares of the company’s stock valued at $40,279,000 after buying an additional 478,382 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Low Volatility ETF by 26.6% in the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after buying an additional 423,940 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Down 1.1%

NYSEARCA:SPLV opened at $73.49 on Wednesday. The stock’s 50-day simple moving average is $74.73 and its 200 day simple moving average is $73.09. The firm has a market capitalization of $7.24 billion, a PE ratio of 24.11 and a beta of 0.61. Invesco S&P 500 Low Volatility ETF has a twelve month low of $69.63 and a twelve month high of $77.74.

About Invesco S&P 500 Low Volatility ETF

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.