Verus Capital Partners LLC Buys New Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Verus Capital Partners LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,116 shares of the company’s stock, valued at approximately $568,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLV. Cornerstone Planning Group LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter valued at $27,000. Prospera Private Wealth LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the third quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth about $47,000. Tidemark LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 81.5% during the 3rd quarter. Tidemark LLC now owns 893 shares of the company’s stock valued at $64,000 after acquiring an additional 401 shares during the period. Finally, Ulland Investment Advisors LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 28.6% in the 4th quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock valued at $63,000 after purchasing an additional 200 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 1.2 %

NYSEARCA SPLV opened at $74.52 on Friday. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of 23.63 and a beta of 0.72. The stock has a 50-day moving average of $71.30 and a 200 day moving average of $71.54. Invesco S&P 500 Low Volatility ETF has a twelve month low of $62.53 and a twelve month 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.