Avantax Advisory Services Inc. Buys 65,259 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

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

A number of other institutional investors and hedge funds have also bought and sold shares of SPLV. Sheets Smith Wealth Management boosted its holdings in Invesco S&P 500 Low Volatility ETF by 0.5% during the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock worth $2,293,000 after acquiring an additional 178 shares during the last quarter. Ulland Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 28.6% during the fourth quarter. Ulland Investment Advisors LLC now owns 900 shares of the company’s stock valued at $63,000 after purchasing an additional 200 shares in the last quarter. Magnus Financial Group LLC boosted its holdings in Invesco S&P 500 Low Volatility ETF by 1.8% during the fourth quarter. Magnus Financial Group LLC now owns 11,059 shares of the company’s stock worth $774,000 after purchasing an additional 200 shares during the last quarter. Harbour Investments Inc. grew its position in Invesco S&P 500 Low Volatility ETF by 5.4% in the 3rd quarter. Harbour Investments Inc. now owns 3,902 shares of the company’s stock worth $280,000 after purchasing an additional 201 shares in the last quarter. Finally, Silverlake Wealth Management LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 0.9% in the 4th quarter. Silverlake Wealth Management LLC now owns 27,791 shares of the company’s stock valued at $1,945,000 after buying an additional 244 shares during the last quarter.

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

Shares of NYSEARCA SPLV opened at $72.03 on Thursday. The company has a market capitalization of $7.41 billion, a PE ratio of 23.63 and a beta of 0.72. The stock’s 50 day moving average price is $71.84 and its 200-day moving average price is $71.82. Invesco S&P 500 Low Volatility ETF has a twelve month low of $62.53 and a twelve month high of $75.43.

Invesco S&P 500 Low Volatility ETF 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.