Bank of Montreal Can Lowers Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Bank of Montreal Can cut its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 90.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 309,172 shares of the company’s stock after selling 2,808,807 shares during the quarter. Bank of Montreal Can owned 0.29% of Invesco S&P 500 Low Volatility ETF worth $20,371,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Global Assets Advisory LLC increased its position in Invesco S&P 500 Low Volatility ETF by 6,354.7% during the first quarter. Global Assets Advisory LLC now owns 2,499,503 shares of the company’s stock worth $164,642,000 after purchasing an additional 2,460,779 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the first quarter valued at about $33,326,000. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 50.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,385,562 shares of the company’s stock valued at $86,819,000 after acquiring an additional 465,676 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 256.7% in the 1st quarter. Cetera Investment Advisers now owns 306,767 shares of the company’s stock worth $20,207,000 after acquiring an additional 220,764 shares during the last quarter. Finally, Alaska Permanent Fund Corp boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 7.6% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,027,451 shares of the company’s stock worth $199,418,000 after purchasing an additional 212,725 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $71.53 on Friday. The firm has a 50 day moving average price of $69.38 and a 200 day moving average price of $66.48. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.93. The company has a market capitalization of $7.74 billion, a PE ratio of 23.07 and a beta of 0.47.

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.