Diversify Wealth Management LLC Invests $1.32 Million in Invesco S&P 500 Low Volatility ETF $SPLV

Diversify Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,891 shares of the company’s stock, valued at approximately $1,322,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Purpose Unlimited Inc. bought a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $27,000. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new stake in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth about $45,000. Investment Research & Advisory Group Inc. purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $49,000. Finally, Maseco LLP bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $55,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV stock opened at $75.47 on Thursday. The firm has a 50 day moving average price of $74.03 and a 200-day moving average price of $73.97. Invesco S&P 500 Low Volatility ETF has a 52-week low of $69.63 and a 52-week high of $77.75. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54.

Invesco S&P 500 Low Volatility ETF Company 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.