Sound Financial Strategies Group LLC Has $2.86 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Sound Financial Strategies Group LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 180.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 38,981 shares of the company’s stock after purchasing an additional 25,098 shares during the period. Invesco S&P 500 Low Volatility ETF comprises about 2.1% of Sound Financial Strategies Group LLC’s investment portfolio, making the stock its 8th largest position. Sound Financial Strategies Group LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $2,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 723,173.3% in 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 acquiring an additional 193,795,994 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Low Volatility ETF by 26.6% in the second quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock worth $147,348,000 after purchasing an additional 423,940 shares during the period. Invesco Ltd. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 16.0% during the second quarter. Invesco Ltd. now owns 1,487,724 shares of the company’s stock valued at $108,336,000 after purchasing an additional 204,694 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.8% during the second quarter. Raymond James Financial Inc. now owns 1,146,904 shares of the company’s stock valued at $83,518,000 after purchasing an additional 31,192 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 800,204 shares of the company’s stock valued at $58,271,000 after purchasing an additional 11,246 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Up 1.3%

Shares of SPLV opened at $71.84 on Friday. The stock has a market cap of $7.31 billion, a P/E ratio of 24.11 and a beta of 0.62. The business’s 50 day moving average price is $71.63 and its 200-day moving average price is $72.46. Invesco S&P 500 Low Volatility ETF has a 52 week low of $67.13 and a 52 week high of $75.43.

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.