Asset Allocation Strategies LLC Grows Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

Asset Allocation Strategies LLC boosted its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 67.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 87,460 shares of the company’s stock after purchasing an additional 35,371 shares during the quarter. Invesco S&P 500 Low Volatility ETF comprises about 1.3% of Asset Allocation Strategies LLC’s holdings, making the stock its 25th largest position. Asset Allocation Strategies LLC owned 0.08% of Invesco S&P 500 Low Volatility ETF worth $6,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Pinnacle Wealth Management Group Inc. grew its stake in Invesco S&P 500 Low Volatility ETF by 10.4% during the 3rd quarter. Pinnacle Wealth Management Group Inc. now owns 65,026 shares of the company’s stock valued at $4,778,000 after acquiring an additional 6,100 shares in the last quarter. Trinity Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 4.1% during the third quarter. Trinity Wealth Management LLC now owns 33,322 shares of the company’s stock valued at $2,449,000 after acquiring an additional 1,313 shares during the period. Grant Private Wealth Management Inc bought a new position in Invesco S&P 500 Low Volatility ETF in the 3rd quarter valued at $396,000. Nilsine Partners LLC raised its position in Invesco S&P 500 Low Volatility ETF by 37.9% in the 3rd quarter. Nilsine Partners LLC now owns 142,870 shares of the company’s stock worth $10,498,000 after purchasing an additional 39,262 shares during the last quarter. Finally, Dominguez Wealth Management Solutions Inc. lifted its position in Invesco S&P 500 Low Volatility ETF by 7.4% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 145,913 shares of the company’s stock valued at $10,722,000 after purchasing an additional 10,080 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Up 0.7%

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $71.89 on Thursday. The business has a fifty day simple moving average of $71.85 and a 200 day simple moving average of $72.57. Invesco S&P 500 Low Volatility ETF has a 12 month low of $67.13 and a 12 month high of $75.43. The stock has a market cap of $7.55 billion, a PE ratio of 24.11 and a beta of 0.62.

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.