Berkshire Money Management Inc. Takes $2.93 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Berkshire Money Management Inc. purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 40,223 shares of the company’s stock, valued at approximately $2,929,000. Invesco S&P 500 Low Volatility ETF accounts for 0.3% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its position in Invesco S&P 500 Low Volatility ETF by 723,173.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock worth $14,114,176,000 after buying an additional 193,795,994 shares during the last quarter. LPL Financial LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 20.0% during the first quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock worth $267,846,000 after purchasing an additional 597,838 shares in the last quarter. Ameriprise Financial Inc. lifted its position 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 purchasing an additional 476,779 shares during the period. Royal Bank of Canada boosted its holdings in Invesco S&P 500 Low Volatility ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 1,411,700 shares of the company’s stock valued at $105,483,000 after purchasing an additional 102,504 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 13.9% in the 1st quarter. Raymond James Financial Inc. now owns 1,115,712 shares of the company’s stock valued at $83,366,000 after purchasing an additional 136,011 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.4%

Shares of SPLV stock opened at $73.01 on Monday. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The stock has a 50 day simple moving average of $73.14 and a 200-day simple moving average of $72.74.

Invesco S&P 500 Low Volatility ETF 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.