Broussard Financial Group LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,981 shares of the company’s stock, valued at approximately $570,000. Invesco S&P 500 Low Volatility ETF accounts for about 0.5% of Broussard Financial Group LLC’s portfolio, making the stock its 20th largest position.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ulland Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 112.5% in the 3rd quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock worth $31,000 after buying an additional 225 shares during the last quarter. Bangor Savings Bank increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 681.0% in the 3rd quarter. Bangor Savings Bank now owns 453 shares of the company’s stock worth $33,000 after buying an additional 395 shares during the last quarter. Founders Financial Alliance LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 3rd quarter worth $36,000. Investment Research & Advisory Group Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth $49,000. Finally, Maseco LLP bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth $55,000.
Invesco S&P 500 Low Volatility ETF Price Performance
Shares of NYSEARCA:SPLV opened at $74.49 on Friday. The company’s fifty day moving average price is $74.49 and its 200-day moving average price is $73.15. The firm has a market capitalization of $7.29 billion, a price-to-earnings ratio of 24.11 and a beta of 0.61. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $77.74.
Invesco S&P 500 Low Volatility ETF Company 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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