Bank of New York Mellon Corp Buys 483,277 Shares of Invesco S&P International Developed Low Volatility ETF $IDLV

Bank of New York Mellon Corp increased its stake in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) by 46.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,513,405 shares of the company’s stock after purchasing an additional 483,277 shares during the quarter. Bank of New York Mellon Corp owned approximately 14.41% of Invesco S&P International Developed Low Volatility ETF worth $52,142,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 1,471.6% during the 2nd quarter. Jane Street Group LLC now owns 268,928 shares of the company’s stock worth $8,908,000 after buying an additional 251,816 shares during the period. UMB Bank n.a. bought a new position in Invesco S&P International Developed Low Volatility ETF in the 4th quarter worth $8,312,000. Bank of America Corp DE lifted its position in Invesco S&P International Developed Low Volatility ETF by 219.3% during the 2nd quarter. Bank of America Corp DE now owns 335,346 shares of the company’s stock worth $11,108,000 after acquiring an additional 230,316 shares during the last quarter. Royal Bank of Canada boosted its holdings in Invesco S&P International Developed Low Volatility ETF by 75.8% during the fourth quarter. Royal Bank of Canada now owns 394,420 shares of the company’s stock valued at $13,371,000 after acquiring an additional 170,030 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P International Developed Low Volatility ETF by 197.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 240,131 shares of the company’s stock valued at $8,140,000 after acquiring an additional 159,455 shares during the period.

Invesco S&P International Developed Low Volatility ETF Stock Performance

Shares of NYSEARCA:IDLV opened at $35.11 on Friday. The stock’s 50-day moving average is $34.89 and its 200-day moving average is $35.08. The company has a market cap of $335.30 million, a P/E ratio of 17.78 and a beta of 0.50. Invesco S&P International Developed Low Volatility ETF has a 52-week low of $32.50 and a 52-week high of $36.97.

Invesco S&P International Developed Low Volatility ETF Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.