Cardinal Point Capital Management ULC purchased a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,880 shares of the company’s stock, valued at approximately $723,000.
A number of other hedge funds have also modified their holdings of SPLV. Corundum Group Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF by 19.4% in the first quarter. Corundum Group Inc. now owns 46,346 shares of the company’s stock valued at $3,390,000 after acquiring an additional 7,539 shares during the last quarter. RFG Advisory LLC raised its stake in Invesco S&P 500 Low Volatility ETF by 2.6% in the first quarter. RFG Advisory LLC now owns 8,273 shares of the company’s stock valued at $605,000 after buying an additional 206 shares during the period. Apella Capital LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the 1st quarter worth approximately $361,000. Berman McAleer LLC increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 3.6% during the 1st quarter. Berman McAleer LLC now owns 377,051 shares of the company’s stock worth $27,578,000 after acquiring an additional 12,945 shares during the last quarter. Finally, WealthBridge Capital Management LLC boosted its position in Invesco S&P 500 Low Volatility ETF by 0.9% during the first quarter. WealthBridge Capital Management LLC now owns 33,230 shares of the company’s stock worth $2,430,000 after purchasing an additional 287 shares during the period.
Invesco S&P 500 Low Volatility ETF Price Performance
NYSEARCA:SPLV opened at $74.90 on Friday. The company has a market cap of $7.32 billion, a P/E ratio of 24.11 and a beta of 0.55. The firm’s fifty day moving average price is $73.47 and its two-hundred day moving average price is $73.53. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $77.74.
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.
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