Invesco S&P 500 Low Volatility ETF Sees Unusually High Options Volume (NYSEARCA:SPLV)

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) saw some unusual options trading activity on Thursday. Investors bought 11,608 put options on the company. This is an increase of approximately 628% compared to the average daily volume of 1,595 put options.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock opened at $72.78 on Friday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $62.53 and a 52-week high of $75.43. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 23.79 and a beta of 0.69. The firm’s 50-day moving average is $71.94 and its 200-day moving average is $71.84.

Institutional Investors Weigh In On Invesco S&P 500 Low Volatility ETF

Several hedge funds have recently added to or reduced their stakes in SPLV. Alaska Permanent Fund Corp lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 1.6% during the 4th quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after buying an additional 73,093 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Invesco S&P 500 Low Volatility ETF by 0.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,758,749 shares of the company’s stock valued at $123,112,000 after purchasing an additional 13,180 shares during the last quarter. Merit Financial Group LLC lifted its holdings in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the 4th 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 last quarter. Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Low Volatility ETF by 3.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,348,811 shares of the company’s stock valued at $94,417,000 after purchasing an additional 43,320 shares during the period. Finally, Royal Bank of Canada grew its holdings in Invesco S&P 500 Low Volatility ETF by 26.3% in the 4th quarter. Royal Bank of Canada now owns 1,309,196 shares of the company’s stock valued at $91,643,000 after buying an additional 272,676 shares in the last quarter.

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.