Sovereign Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 13.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 78,036 shares of the company’s stock after buying an additional 9,504 shares during the period. Invesco S&P 500 Low Volatility ETF makes up 2.0% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 17th largest position. Sovereign Investment Advisors LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,831,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of SPLV. Arlington Trust Co LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 1st quarter valued at about $30,000. Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 1st quarter valued at about $40,000. Measured Risk Portfolios Inc. purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $54,000. Fourth Dimension Wealth LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $60,000. Finally, JNBA Financial Advisors grew its position in Invesco S&P 500 Low Volatility ETF by 16.8% during the 1st quarter. JNBA Financial Advisors now owns 1,381 shares of the company’s stock valued at $103,000 after purchasing an additional 199 shares during the last quarter.
Invesco S&P 500 Low Volatility ETF Stock Performance
Shares of SPLV stock opened at $73.21 on Wednesday. Invesco S&P 500 Low Volatility ETF has a one year low of $66.56 and a one year high of $75.43. The company’s 50-day moving average is $72.75 and its 200 day moving average is $72.48. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69.
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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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report).
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