B. Riley Wealth Advisors Inc. Purchases New Stake in Invesco S&P 500 Low Volatility ETF $SPLV

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,890 shares of the company’s stock, valued at approximately $793,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at $67,000. AlphaCore Capital LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 313.0% in the second quarter. AlphaCore Capital LLC now owns 950 shares of the company’s stock valued at $69,000 after purchasing an additional 720 shares during the last quarter. Solstein Capital LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 95.4% during the 2nd quarter. Solstein Capital LLC now owns 1,024 shares of the company’s stock worth $75,000 after purchasing an additional 500 shares during the last quarter. Lavaca Capital LLC bought a new stake in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at $80,000. Finally, Physician Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Low Volatility ETF in the 2nd quarter valued at $146,000.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV stock opened at $71.37 on Wednesday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $75.43. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. The business’s fifty day moving average price is $71.87 and its two-hundred day moving average price is $72.57.

Invesco S&P 500 Low Volatility ETF Company 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.