Cardinal Point Capital Management ULC purchased a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) during the first quarter, Holdings Channel reports. The firm purchased 9,880 shares of the company’s stock, valued at approximately $723,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of Montreal Can lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,951.0% during the 3rd quarter. Bank of Montreal Can now owns 2,926,999 shares of the company’s stock worth $215,076,000 after acquiring an additional 2,784,291 shares during the period. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 16.8% during the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock worth $591,216,000 after buying an additional 1,156,550 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 301.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock worth $106,010,000 after buying an additional 1,082,900 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 413.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,278,712 shares of the company’s stock worth $91,326,000 after buying an additional 1,029,465 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Invesco S&P 500 Low Volatility ETF by 683.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 548,402 shares of the company’s stock valued at $40,279,000 after buying an additional 478,382 shares in the last quarter.
Invesco S&P 500 Low Volatility ETF Trading Up 0.3%
Shares of NYSEARCA SPLV opened at $74.90 on Friday. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 24.11 and a beta of 0.55. Invesco S&P 500 Low Volatility ETF has a 12 month low of $69.63 and a 12 month high of $77.74. The stock has a 50-day moving average price of $73.47 and a two-hundred day moving average price of $73.53.
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.
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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report).
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