Bank of Montreal Can Takes Position in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV)

Bank of Montreal Can acquired a new stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 66,512 shares of the company’s stock, valued at approximately $3,175,000. Bank of Montreal Can owned 0.07% of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 19.5% in the 3rd quarter. Royal Bank of Canada now owns 3,297 shares of the company’s stock valued at $145,000 after buying an additional 538 shares in the last quarter. UBS Group AG boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 58.9% in the 3rd quarter. UBS Group AG now owns 3,341 shares of the company’s stock valued at $146,000 after buying an additional 1,239 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the 1st quarter valued at $370,000. Susquehanna International Group LLP boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 89.4% in the 1st quarter. Susquehanna International Group LLP now owns 15,644 shares of the company’s stock valued at $741,000 after buying an additional 7,385 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the 1st quarter valued at $352,000.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Price Performance

Shares of XRLV stock opened at $45.43 on Tuesday. The stock’s fifty day simple moving average is $45.22 and its 200 day simple moving average is $46.63. The firm has a market cap of $46.34 million, a price-to-earnings ratio of 21.71 and a beta of 0.83. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a one year low of $43.56 and a one year high of $50.39.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Profile

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility.