Genesee Capital Advisors LLC Makes New $2.75 Million Investment in Invesco S&P 500 Low Volatility ETF $SPLV

Genesee Capital Advisors LLC purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the second quarter, HoldingsChannel reports. The institutional investor purchased 37,719 shares of the company’s stock, valued at approximately $2,747,000. Invesco S&P 500 Low Volatility ETF makes up about 1.2% of Genesee Capital Advisors LLC’s holdings, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPLV. Brighton Jones LLC raised its holdings 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 buying an additional 922 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 8.6% in the first quarter. GAMMA Investing LLC now owns 2,832 shares of the company’s stock worth $212,000 after buying an additional 225 shares during the last quarter. CX Institutional purchased a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter worth $217,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 18.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 544,684 shares of the company’s stock worth $40,699,000 after buying an additional 84,711 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 3.2% in the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 372,669 shares of the company’s stock worth $27,846,000 after buying an additional 11,476 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.1%

NYSEARCA SPLV opened at $72.43 on Monday. The company has a fifty day simple moving average of $73.14 and a two-hundred day simple moving average of $72.72. The stock has a market cap of $7.77 billion, a P/E ratio of 24.11 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 12-month low of $67.13 and a 12-month high of $75.43.

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.