Fortis Group Advisors LLC Makes New Investment in Invesco S&P 500 Low Volatility ETF $SPLV

Fortis Group Advisors LLC acquired a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 54,613 shares of the company’s stock, valued at approximately $4,022,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SPLV. Brighton Jones LLC boosted its position in Invesco S&P 500 Low Volatility ETF by 7.6% in the fourth quarter. Brighton Jones LLC now owns 13,082 shares of the company’s stock worth $916,000 after purchasing an additional 922 shares during the last quarter. AQR Capital Management LLC boosted its position in Invesco S&P 500 Low Volatility ETF by 151.9% in the first quarter. AQR Capital Management LLC now owns 13,736 shares of the company’s stock worth $1,026,000 after purchasing an additional 8,282 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Invesco S&P 500 Low Volatility ETF by 1,545.3% in the first quarter. Goldman Sachs Group Inc. now owns 242,001 shares of the company’s stock worth $18,082,000 after purchasing an additional 227,292 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at $320,000. Finally, First Trust Advisors LP bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at $230,000.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV opened at $73.56 on Thursday. The firm has a market cap of $7.19 billion, a PE ratio of 24.11 and a beta of 0.57. The stock’s fifty day moving average price is $73.66 and its two-hundred day moving average price is $73.23. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $77.74.

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.