Savvy Advisors Inc. Invests $745,000 in Invesco S&P 500 Low Volatility ETF $SPLV

Savvy Advisors Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,430 shares of the company’s stock, valued at approximately $745,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in Invesco S&P 500 Low Volatility ETF by 1,951.0% in the 3rd quarter. Bank of Montreal Can now owns 2,926,999 shares of the company’s stock valued at $215,076,000 after purchasing an additional 2,784,291 shares during the period. Bank of America Corp DE boosted its holdings in Invesco S&P 500 Low Volatility ETF by 16.8% in the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after purchasing an additional 1,156,550 shares during the period. Two Sigma Investments LP boosted its holdings in Invesco S&P 500 Low Volatility ETF by 301.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after purchasing an additional 1,082,900 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco S&P 500 Low Volatility ETF by 683.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 548,402 shares of the company’s stock valued at $40,279,000 after purchasing an additional 478,382 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 26.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after purchasing an additional 423,940 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.2%

Invesco S&P 500 Low Volatility ETF stock opened at $73.76 on Wednesday. The business has a 50 day moving average price of $74.69 and a two-hundred day moving average price of $72.98. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. Invesco S&P 500 Low Volatility ETF has a 12 month low of $67.13 and a 12 month high of $77.74.

About Invesco S&P 500 Low Volatility ETF

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.