Wetzel Investment Advisors Inc. Purchases New Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Wetzel Investment Advisors Inc. acquired a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,001 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors have also modified their holdings of SPLV. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 117.2% in the 1st quarter. JPMorgan Chase & Co. now owns 79,254 shares of the company’s stock valued at $5,317,000 after purchasing an additional 539,472 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 5.7% in the 1st quarter. Cibc World Market Inc. now owns 6,056 shares of the company’s stock valued at $406,000 after purchasing an additional 327 shares during the last quarter. Moors & Cabot Inc. bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 1st quarter valued at approximately $292,000. Sequoia Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 31.4% in the first quarter. Sequoia Financial Advisors LLC now owns 6,370 shares of the company’s stock worth $427,000 after buying an additional 1,521 shares during the period. Finally, Baird Financial Group Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 38.3% in the first quarter. Baird Financial Group Inc. now owns 141,759 shares of the company’s stock worth $9,511,000 after buying an additional 39,284 shares during the period.

Invesco S&P 500 Low Volatility ETF Trading Up 1.1 %

Shares of NYSEARCA SPLV traded up $0.66 during midday trading on Friday, hitting $63.71. The company’s stock had a trading volume of 2,457,881 shares, compared to its average volume of 2,234,355. The business’s 50 day moving average is $64.24 and its two-hundred day moving average is $62.20. Invesco S&P 500 Low Volatility ETF has a 12-month low of $57.17 and a 12-month high of $65.99. The firm has a market cap of $7.26 billion, a P/E ratio of 22.84 and a beta of 0.49.

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.