Sowell Financial Services LLC Boosts Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Sowell Financial Services LLC boosted its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 143,219 shares of the company’s stock after acquiring an additional 2,344 shares during the period. Sowell Financial Services LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $10,025,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SPLV. Merit Financial Group LLC raised its stake in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the fourth quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock worth $121,181,000 after purchasing an additional 1,716,566 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $68,579,000. Lockheed Martin Investment Management Co. raised its stake in Invesco S&P 500 Low Volatility ETF by 168.9% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 885,200 shares of the company’s stock worth $61,964,000 after purchasing an additional 556,000 shares during the period. Citigroup Inc. raised its stake in Invesco S&P 500 Low Volatility ETF by 1,481.1% during the third quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares during the period. Finally, Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 97.5% in the 4th quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock valued at $47,145,000 after acquiring an additional 332,413 shares during the period.

Invesco S&P 500 Low Volatility ETF Trading Up 1.0 %

Shares of SPLV stock opened at $74.27 on Friday. The company’s fifty day simple moving average is $71.65 and its 200-day simple moving average is $71.75. Invesco S&P 500 Low Volatility ETF has a 52 week low of $62.53 and a 52 week high of $75.33. The company has a market cap of $7.64 billion, a PE ratio of 23.63 and a beta of 0.72.

Invesco S&P 500 Low Volatility ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLVFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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