Finemark National Bank & Trust Raises Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Finemark National Bank & Trust raised its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 7.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 259,712 shares of the company’s stock after buying an additional 18,741 shares during the quarter. Finemark National Bank & Trust owned about 0.25% of Invesco S&P 500 Low Volatility ETF worth $19,084,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPLV. Brighton Jones LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 7.6% in the 4th quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock worth $916,000 after purchasing an additional 922 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 151.9% in the first quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock worth $1,026,000 after purchasing an additional 8,282 shares during the period. Goldman Sachs Group Inc. raised its position in shares of 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 worth $18,082,000 after buying an additional 227,292 shares in the last quarter. Spire Wealth Management boosted its stake in Invesco S&P 500 Low Volatility ETF by 68.2% during the second quarter. Spire Wealth Management now owns 9,250 shares of the company’s stock valued at $674,000 after buying an additional 3,750 shares during the period. Finally, Assetmark Inc. boosted its stake in Invesco S&P 500 Low Volatility ETF by 35.3% during the second quarter. Assetmark Inc. now owns 2,757 shares of the company’s stock valued at $201,000 after buying an additional 719 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Up 0.8%

Shares of NYSEARCA SPLV opened at $77.40 on Friday. The firm has a market capitalization of $7.91 billion, a P/E ratio of 24.11 and a beta of 0.62. The stock’s 50-day simple moving average is $73.54 and its two-hundred day simple moving average is $72.81. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $77.47.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.1346 dividend. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Monday, February 23rd.

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.