Brown Miller Wealth Management LLC Acquires Shares of 5,770 Invesco S&P 500 Low Volatility ETF $SPLV

Brown Miller Wealth Management LLC bought a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 2nd quarter, Holdings Channel.com reports. The firm bought 5,770 shares of the company’s stock, valued at approximately $420,000.

Other hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its position in Invesco S&P 500 Low Volatility ETF by 18.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 544,684 shares of the company’s stock valued at $40,699,000 after acquiring an additional 84,711 shares in the last quarter. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 33.3% in the first quarter. US Bancorp DE now owns 8,458 shares of the company’s stock valued at $632,000 after purchasing an additional 2,113 shares during the period. Kestra Private Wealth Services LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 3.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,463 shares of the company’s stock valued at $333,000 after purchasing an additional 167 shares in the last quarter. GAMMA Investing LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 8.6% during the 1st quarter. GAMMA Investing LLC now owns 2,832 shares of the company’s stock worth $212,000 after buying an additional 225 shares during the period. Finally, Amundi acquired a new position in Invesco S&P 500 Low Volatility ETF in the 1st quarter worth $3,514,000.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $73.01 on Friday. The firm has a 50-day moving average of $73.14 and a two-hundred day moving average of $72.75. The stock has a market cap of $7.80 billion, a P/E ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43.

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.