Pinnacle Wealth Management Group Inc. lifted its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,926 shares of the company’s stock after acquiring an additional 2,100 shares during the period. Invesco S&P 500 Low Volatility ETF comprises approximately 2.5% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 16th largest position. Pinnacle Wealth Management Group Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,291,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in SPLV. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 723,173.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock worth $14,114,176,000 after purchasing an additional 193,795,994 shares during the period. LPL Financial LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 20.0% in the first quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after acquiring an additional 597,838 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF by 42.7% in the first quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock valued at $118,994,000 after acquiring an additional 476,779 shares during the last quarter. Picton Mahoney Asset Management lifted its stake in Invesco S&P 500 Low Volatility ETF by 256.4% in the first quarter. Picton Mahoney Asset Management now owns 579,539 shares of the company’s stock valued at $43,305,000 after acquiring an additional 416,914 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF by 1,545.3% in the first quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock valued at $18,082,000 after acquiring an additional 227,292 shares during the last quarter.
Invesco S&P 500 Low Volatility ETF Stock Down 0.2%
NYSEARCA SPLV opened at $72.40 on Friday. The stock has a market capitalization of $7.68 billion, a PE ratio of 24.11 and a beta of 0.69. The company has a 50 day moving average price of $72.98 and a two-hundred day moving average price of $72.73. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43.
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.
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