Novus Advisors LLC Purchases New Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Novus Advisors LLC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,661 shares of the company’s stock, valued at approximately $326,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPLV. Sheets Smith Wealth Management increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.5% during the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock worth $2,293,000 after purchasing an additional 178 shares during the last quarter. Carr Financial Group Corp lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 5.6% in the third quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock valued at $272,000 after buying an additional 200 shares in the last quarter. Ulland Investment Advisors LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 28.6% during the fourth quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock worth $63,000 after buying an additional 200 shares during the last quarter. Magnus Financial Group LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 1.8% during the fourth quarter. Magnus Financial Group LLC now owns 11,059 shares of the company’s stock worth $774,000 after buying an additional 200 shares during the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 5.4% in the third quarter. Harbour Investments Inc. now owns 3,902 shares of the company’s stock worth $280,000 after purchasing an additional 201 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $73.56 on Friday. The company’s fifty day moving average price is $71.58 and its 200-day moving average price is $71.70. Invesco S&P 500 Low Volatility ETF has a one year low of $62.53 and a one year high of $75.33. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 23.63 and a beta of 0.72.

Invesco S&P 500 Low Volatility ETF 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.