Greystone Financial Group LLC Makes New $1.10 Million Investment in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Greystone Financial Group LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 1st quarter, Holdings Channel.com reports. The fund purchased 14,777 shares of the company’s stock, valued at approximately $1,104,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $27,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $29,000. Roxbury Financial LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $47,000. IMG Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $51,000. Finally, Measured Risk Portfolios Inc. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $54,000.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA SPLV opened at $72.95 on Monday. Invesco S&P 500 Low Volatility ETF has a 1-year low of $64.45 and a 1-year high of $75.43. The business has a 50-day moving average of $72.23 and a 200-day moving average of $72.19. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 23.61 and a beta of 0.64.

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.