Bank of Montreal Can Increases Stock Holdings in Invesco S&P 500 Low Volatility ETF $SPLV

Bank of Montreal Can increased its position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 1,951.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,926,999 shares of the company’s stock after acquiring an additional 2,784,291 shares during the quarter. Bank of Montreal Can owned about 2.79% of Invesco S&P 500 Low Volatility ETF worth $215,076,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPLV. Bangor Savings Bank increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 681.0% in the third quarter. Bangor Savings Bank now owns 453 shares of the company’s stock worth $33,000 after purchasing an additional 395 shares during the period. Founders Financial Alliance LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter worth $36,000. Lavaca Capital LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the second quarter valued at $59,000. AlphaCore Capital LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 313.0% during the second quarter. AlphaCore Capital LLC now owns 950 shares of the company’s stock valued at $69,000 after buying an additional 720 shares during the period. Finally, Corundum Trust Company INC purchased a new position in Invesco S&P 500 Low Volatility ETF during the third quarter worth about $73,000.

Invesco S&P 500 Low Volatility ETF Stock Down 0.9%

Shares of NYSEARCA SPLV opened at $75.21 on Wednesday. The firm has a market capitalization of $7.69 billion, a P/E ratio of 24.11 and a beta of 0.62. The stock’s 50-day simple moving average is $74.18 and its two-hundred day simple moving average is $72.92. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $77.74.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.1346 dividend. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd.

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.