Petra Financial Advisors Inc. Acquires 3,618 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Petra Financial Advisors Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 66,829 shares of the company’s stock after buying an additional 3,618 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for 3.2% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its 7th largest position. Petra Financial Advisors Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,678,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Barclays PLC boosted its position in Invesco S&P 500 Low Volatility ETF by 10.3% during the 3rd quarter. Barclays PLC now owns 17,080 shares of the company’s stock worth $1,225,000 after acquiring an additional 1,590 shares during the period. Assetmark Inc. lifted its holdings in Invesco S&P 500 Low Volatility ETF by 70.6% in the 3rd quarter. Assetmark Inc. now owns 1,363 shares of the company’s stock worth $98,000 after purchasing an additional 564 shares during the last quarter. Savant Capital LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 36.7% in the 4th quarter. Savant Capital LLC now owns 3,989 shares of the company’s stock worth $279,000 after purchasing an additional 1,070 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 15.6% during the third quarter. Kingsview Wealth Management LLC now owns 16,103 shares of the company’s stock worth $1,155,000 after buying an additional 2,179 shares during the last quarter. Finally, Townsquare Capital LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 11.9% during the third quarter. Townsquare Capital LLC now owns 19,547 shares of the company’s stock valued at $1,402,000 after purchasing an additional 2,072 shares during the period.

Invesco S&P 500 Low Volatility ETF Trading Up 1.0 %

SPLV opened at $73.51 on Tuesday. The stock’s 50 day simple moving average is $72.03 and its 200-day simple moving average is $71.88. Invesco S&P 500 Low Volatility ETF has a 1 year low of $62.53 and a 1 year high of $75.43. The stock has a market cap of $7.62 billion, a PE ratio of 23.79 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.