Magnus Financial Group LLC Acquires 370 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Magnus Financial Group LLC lifted its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 3.3% during the first quarter, HoldingsChannel.com reports. The firm owned 11,429 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $854,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPLV. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $68,579,000. Private Advisor Group LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 97.5% in the fourth quarter. Private Advisor Group LLC now owns 673,494 shares of the company’s stock worth $47,145,000 after acquiring an additional 332,413 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 26.3% during the fourth quarter. Royal Bank of Canada now owns 1,309,196 shares of the company’s stock valued at $91,643,000 after acquiring an additional 272,676 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at $15,417,000. Finally, GAMMA Investing LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF by 8,016.9% in the 1st quarter. GAMMA Investing LLC now owns 211,607 shares of the company’s stock worth $158,110,000 after purchasing an additional 209,000 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock opened at $72.95 on Friday. Invesco S&P 500 Low Volatility ETF has a one year low of $64.45 and a one year high of $75.43. The company’s 50-day moving average is $72.23 and its 200 day moving average is $72.20. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 23.61 and a beta of 0.64.

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.