Hsbc Holdings PLC Invests $2.62 Million in Invesco S&P 500 Low Volatility ETF $SPLV

Hsbc Holdings PLC bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 35,898 shares of the company’s stock, valued at approximately $2,619,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 16.8% during the third quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock valued at $591,216,000 after purchasing an additional 1,156,550 shares during the period. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after purchasing an additional 423,940 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Invesco S&P 500 Low Volatility ETF by 3.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock valued at $115,047,000 after purchasing an additional 57,312 shares in the last quarter. Royal Bank of Canada increased its stake in Invesco S&P 500 Low Volatility ETF by 6.7% during the 4th quarter. Royal Bank of Canada now owns 1,585,210 shares of the company’s stock worth $113,216,000 after buying an additional 99,562 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in Invesco S&P 500 Low Volatility ETF by 301.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock worth $106,010,000 after buying an additional 1,082,900 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $77.19 on Friday. The firm has a 50-day moving average of $74.54 and a two-hundred day moving average of $74.19. The stock has a market cap of $7.23 billion, a P/E ratio of 24.11 and a beta of 0.54. Invesco S&P 500 Low Volatility ETF has a 1-year low of $69.63 and a 1-year high of $78.07.

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.