Silverlake Wealth Management LLC Purchases 244 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Silverlake Wealth Management LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,791 shares of the company’s stock after purchasing an additional 244 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,945,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPLV. Merit Financial Group LLC boosted its position in shares of 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 in the last quarter. Citigroup Inc. raised its holdings 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 acquiring an additional 421,042 shares during the period. Fortis Group Advisors LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth $9,759,000. Tidal Investments LLC acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the third quarter worth $8,791,000. Finally, PFG Advisors raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 359.8% during the third quarter. PFG Advisors now owns 152,593 shares of the company’s stock worth $10,946,000 after acquiring an additional 119,406 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Down 0.3 %

Shares of NYSEARCA:SPLV opened at $71.36 on Wednesday. Invesco S&P 500 Low Volatility ETF has a 12 month low of $62.37 and a 12 month high of $75.14. The company’s fifty day simple moving average is $71.23 and its 200 day simple moving average is $70.87. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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.