Apollon Wealth Management LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 6.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,504 shares of the company’s stock after buying an additional 227 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $255,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes 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% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock worth $14,114,176,000 after purchasing an additional 193,795,994 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 20.0% during the first quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock worth $267,846,000 after purchasing an additional 597,838 shares during the period. Ameriprise Financial Inc. grew its stake in Invesco S&P 500 Low Volatility ETF by 42.7% during the first quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock worth $118,994,000 after buying an additional 476,779 shares in the last quarter. Royal Bank of Canada increased its holdings in 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. raised its position 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 in the last quarter.
Invesco S&P 500 Low Volatility ETF Trading Up 0.9%
NYSEARCA SPLV opened at $72.68 on Friday. The firm has a market capitalization of $7.73 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The firm’s 50 day simple moving average is $73.07 and its 200 day simple moving average is $72.66. Invesco S&P 500 Low Volatility ETF has a 1 year low of $67.13 and a 1 year high of $75.43.
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.
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