Sheaff Brock Investment Advisors LLC Makes New $204,000 Investment in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Sheaff Brock Investment Advisors LLC purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,724 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SPLV. Brighton Jones LLC raised its stake in shares of 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. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 53.3% in the fourth quarter. JPMorgan Chase & Co. now owns 325,178 shares of the company’s stock worth $22,762,000 after purchasing an additional 113,048 shares during the last quarter. Blair William & Co. IL raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 5.6% in the fourth quarter. Blair William & Co. IL now owns 23,068 shares of the company’s stock worth $1,615,000 after purchasing an additional 1,227 shares during the last quarter. Orion Portfolio Solutions LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 6.5% in the fourth quarter. Orion Portfolio Solutions LLC now owns 9,507 shares of the company’s stock worth $666,000 after purchasing an additional 581 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth approximately $12,141,000.

Invesco S&P 500 Low Volatility ETF Trading Up 0.5%

Shares of SPLV opened at $73.21 on Wednesday. The stock has a 50 day moving average of $72.75 and a 200 day moving average of $72.48. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12 month low of $66.56 and a 12 month 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.