Sax Wealth Advisors LLC Takes $954,000 Position in Invesco S&P 500 Low Volatility ETF $SPLV

Sax Wealth Advisors LLC purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the second quarter, Holdings Channel reports. The fund purchased 13,039 shares of the company’s stock, valued at approximately $954,000.

A number of other large investors have also added to or reduced their stakes in the stock. Purpose Unlimited Inc. bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $29,000. Kingdom Financial Group LLC. purchased a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $45,000. Networth Advisors LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the first quarter valued at $56,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 380.4% in the third quarter. BNP Paribas Financial Markets now owns 884 shares of the company’s stock valued at $65,000 after buying an additional 700 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA SPLV opened at $75.70 on Tuesday. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $78.82. The business’s fifty day moving average price is $75.27 and its 200-day moving average price is $74.54. The stock has a market capitalization of $7.16 billion, a PE ratio of 24.11 and a beta of 0.54.

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.