B. Riley Wealth Management Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 5,330 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds also recently added to or reduced their stakes in SPLV. MCF Advisors LLC boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 883.6% in the 4th quarter. MCF Advisors LLC now owns 541 shares of the company’s stock valued at $25,000 after purchasing an additional 486 shares in the last quarter. Bremer Trust National Association purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $28,000. Doyle Wealth Management bought a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at $93,000. Finally, West Oak Capital LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 437.5% during the 4th quarter. West Oak Capital LLC now owns 2,150 shares of the company’s stock valued at $100,000 after buying an additional 1,750 shares during the last quarter.

NYSEARCA:SPLV opened at $52.38 on Friday. Invesco S&P 500 Low Volatility ETF has a 52 week low of $44.16 and a 52 week high of $52.62.

The company also recently declared a monthly dividend, which will be paid on Friday, March 29th. Investors of record on Tuesday, March 19th will be issued a dividend of $0.0978 per share. This is a positive change from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.10. This represents a $1.17 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Monday, March 18th.

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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).

Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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