Optima Capital LLC Takes Position in Invesco S&P 500 Low Volatility ETF $SPLV

Optima Capital LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 48,082 shares of the company’s stock, valued at approximately $3,593,000. Invesco S&P 500 Low Volatility ETF accounts for about 2.3% of Optima Capital LLC’s portfolio, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after acquiring an additional 597,838 shares during the period. Ameriprise Financial Inc. boosted its position in Invesco S&P 500 Low Volatility ETF by 42.7% during the first quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock worth $118,994,000 after purchasing an additional 476,779 shares during the period. Royal Bank of Canada boosted its position in Invesco S&P 500 Low Volatility ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 1,411,700 shares of the company’s stock worth $105,483,000 after purchasing an additional 102,504 shares during the period. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Low Volatility ETF by 13.9% during the first quarter. Raymond James Financial Inc. now owns 1,115,712 shares of the company’s stock worth $83,366,000 after purchasing an additional 136,011 shares during the period. Finally, Lockheed Martin Investment Management Co. boosted its position in Invesco S&P 500 Low Volatility ETF by 6.4% during the first quarter. Lockheed Martin Investment Management Co. now owns 941,500 shares of the company’s stock worth $70,349,000 after purchasing an additional 56,300 shares during the period.

Invesco S&P 500 Low Volatility ETF Trading Up 1.5%

SPLV opened at $73.80 on Friday. The company has a 50 day moving average of $73.23 and a 200 day moving average of $72.86. The company has a market cap of $7.86 billion, a PE ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12 month low of $67.13 and a 12 month 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.