Cornerstone Planning Group LLC Makes New Investment in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Cornerstone Planning Group LLC bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 378 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds have also modified their holdings of SPLV. Merit Financial Group LLC increased its position in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after acquiring an additional 1,716,566 shares during the period. Lockheed Martin Investment Management Co. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 168.9% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after acquiring an additional 556,000 shares during the period. Citigroup Inc. boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,481.1% in the third quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock valued at $32,240,000 after acquiring an additional 421,042 shares in the last quarter. Fortis Group Advisors LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF in the third quarter worth approximately $9,759,000. Finally, Tidal Investments LLC bought a new position in Invesco S&P 500 Low Volatility ETF during the 3rd quarter valued at $8,791,000.

Invesco S&P 500 Low Volatility ETF Stock Down 0.3 %

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $71.87 on Monday. The business has a fifty day simple moving average of $71.00 and a 200-day simple moving average of $70.99. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.37 and a fifty-two week high of $75.14.

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.