Brookstone Capital Management Raises Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Brookstone Capital Management increased its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 560,186 shares of the company’s stock after acquiring an additional 22,662 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P 500 Low Volatility ETF were worth $40,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 7.6% in the fourth quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock valued at $916,000 after purchasing an additional 922 shares during the last quarter. AQR Capital Management LLC boosted its position 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 acquiring an additional 8,282 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in 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 valued at $18,082,000 after purchasing an additional 227,292 shares during the period. Quantbot Technologies LP purchased a new stake in Invesco S&P 500 Low Volatility ETF in the second quarter valued at approximately $320,000. Finally, First Trust Advisors LP acquired a new position in Invesco S&P 500 Low Volatility ETF during the second quarter worth approximately $230,000.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $73.09 on Monday. The company has a market cap of $7.14 billion, a P/E ratio of 24.11 and a beta of 0.55. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $77.74. The firm’s 50 day moving average is $73.47 and its two-hundred day moving average is $73.45.

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.