Boothbay Fund Management LLC Takes $3.86 Million Position in Invesco S&P 500 Low Volatility ETF $SPLV

Boothbay Fund Management LLC purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 52,528 shares of the company’s stock, valued at approximately $3,860,000. Boothbay Fund Management LLC owned about 0.05% of Invesco S&P 500 Low Volatility ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPLV. Bank of Montreal Can increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1,951.0% during the third quarter. Bank of Montreal Can now owns 2,926,999 shares of the company’s stock valued at $215,076,000 after acquiring an additional 2,784,291 shares in the last quarter. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after purchasing an additional 423,940 shares during the last quarter. Invesco Ltd. grew its position in Invesco S&P 500 Low Volatility ETF by 16.0% during the 2nd quarter. Invesco Ltd. now owns 1,487,724 shares of the company’s stock valued at $108,336,000 after purchasing an additional 204,694 shares during the last quarter. Two Sigma Investments LP increased its stake in Invesco S&P 500 Low Volatility ETF by 301.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after purchasing an additional 1,082,900 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Invesco S&P 500 Low Volatility ETF by 2.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,146,904 shares of the company’s stock valued at $83,518,000 after purchasing an additional 31,192 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Up 0.5%

Shares of SPLV opened at $75.19 on Tuesday. Invesco S&P 500 Low Volatility ETF has a twelve month low of $67.13 and a twelve month high of $77.74. The company has a market capitalization of $7.69 billion, a P/E ratio of 24.11 and a beta of 0.62. The firm has a 50 day moving average of $74.46 and a 200 day moving average of $72.96.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

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

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.