Avantax Advisory Services Inc. Has $13.45 Million Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Avantax Advisory Services Inc. grew its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 51.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 192,087 shares of the company’s stock after purchasing an additional 65,259 shares during the period. Avantax Advisory Services Inc. owned approximately 0.18% of Invesco S&P 500 Low Volatility ETF worth $13,446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPLV. Merit Financial Group LLC increased its position in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the 4th quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after buying an additional 1,716,566 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $68,579,000. Lockheed Martin Investment Management Co. increased its holdings in shares of 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 valued at $61,964,000 after acquiring an additional 556,000 shares in the last quarter. Citigroup Inc. raised its position in shares of 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 lifted its holdings 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 worth $47,145,000 after purchasing an additional 332,413 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Down 1.1 %

NYSEARCA SPLV opened at $72.03 on Thursday. The company has a fifty day simple moving average of $71.84 and a 200 day simple moving average of $71.82. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.53 and a 12-month high of $75.43. The company has a market cap of $7.41 billion, a P/E ratio of 23.63 and a beta of 0.72.

Invesco S&P 500 Low Volatility ETF Company 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.