Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) Hits New 52-Week High – Still a Buy?

Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) hit a new 52-week high on Wednesday . The stock traded as high as $75.47 and last traded at $75.4720, with a volume of 1509551 shares changing hands. The stock had previously closed at $75.13.

Invesco S&P 500 Low Volatility ETF Trading Up 0.3%

The stock has a 50 day simple moving average of $72.32 and a 200 day simple moving average of $72.54. The firm has a market capitalization of $7.71 billion, a PE ratio of 24.11 and a beta of 0.62.

Invesco S&P 500 Low Volatility ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.1347 dividend. This is a boost from Invesco S&P 500 Low Volatility ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 2.1%.

Institutional Trading of Invesco S&P 500 Low Volatility ETF

Several large investors have recently modified their holdings of the business. Fortune Financial Group Inc. bought a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at approximately $6,665,000. TIAA Trust National Association raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 10.4% during the fourth quarter. TIAA Trust National Association now owns 4,509 shares of the company’s stock valued at $322,000 after acquiring an additional 425 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 36.9% during the fourth quarter. Cerity Partners LLC now owns 40,687 shares of the company’s stock valued at $2,906,000 after acquiring an additional 10,975 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 14.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 7,799 shares of the company’s stock worth $557,000 after acquiring an additional 1,004 shares during the period. Finally, Vise Technologies Inc. boosted its holdings in Invesco S&P 500 Low Volatility ETF by 69.2% in the fourth quarter. Vise Technologies Inc. now owns 22,284 shares of the company’s stock valued at $1,592,000 after acquiring an additional 9,111 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.