Pandora Wealth Inc. Takes $48,000 Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Pandora Wealth Inc. bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 649 shares of the company’s stock, valued at approximately $48,000.

Other institutional investors also recently modified their holdings of the company. Arlington Trust Co LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $30,000. Millstone Evans Group LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $40,000. Measured Risk Portfolios Inc. bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $54,000. Costello Asset Management INC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $59,000. Finally, Fourth Dimension Wealth LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $60,000.

Invesco S&P 500 Low Volatility ETF Trading Up 0.2%

Shares of NYSEARCA SPLV opened at $73.57 on Friday. The stock has a fifty day simple moving average of $72.77 and a two-hundred day simple moving average of $72.62. Invesco S&P 500 Low Volatility ETF has a 1-year low of $67.13 and a 1-year high of $75.43. The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69.

About Invesco S&P 500 Low Volatility ETF

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.