FSM Wealth Advisors LLC Takes $558,000 Position in Invesco S&P 500 Low Volatility ETF $SPLV

FSM Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,649 shares of the company’s stock, valued at approximately $558,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 723,173.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock valued at $14,114,176,000 after buying an additional 193,795,994 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 20.0% in the 1st quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after buying an additional 597,838 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 42.7% in the 1st quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock valued at $118,994,000 after buying an additional 476,779 shares during the period. Royal Bank of Canada grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 1,411,700 shares of the company’s stock valued at $105,483,000 after buying an additional 102,504 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 13.9% in the 1st quarter. Raymond James Financial Inc. now owns 1,115,712 shares of the company’s stock valued at $83,366,000 after buying an additional 136,011 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.6%

Shares of SPLV stock opened at $72.54 on Friday. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43. The firm has a market capitalization of $7.74 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The firm has a fifty day moving average of $73.00 and a 200-day moving average of $72.70.

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.