Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Stake Raised by Opes Wealth Management LLC

Opes Wealth Management LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 104,068 shares of the company’s stock after acquiring an additional 2,683 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises about 1.5% of Opes Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. Opes Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $7,285,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Alaska Permanent Fund Corp raised its position in Invesco S&P 500 Low Volatility ETF by 1.6% in the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after acquiring an additional 73,093 shares in the last quarter. Merit Financial Group LLC increased its stake 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 worth $121,181,000 after purchasing an additional 1,716,566 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Low Volatility ETF by 2.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after purchasing an additional 36,008 shares in the last quarter. Lockheed Martin Investment Management Co. increased its stake in 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 purchasing an additional 556,000 shares in the last quarter. Finally, Genworth Financial Inc increased its stake in Invesco S&P 500 Low Volatility ETF by 0.3% in the 4th quarter. Genworth Financial Inc now owns 465,042 shares of the company’s stock worth $32,553,000 after purchasing an additional 1,330 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Down 0.9 %

Shares of SPLV opened at $72.32 on Friday. The business’s 50-day moving average price is $70.88 and its 200 day moving average price is $71.17. The stock has a market capitalization of $7.82 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 1-year low of $62.53 and a 1-year 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.