Fortune Financial Group Inc. purchased a new position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 92,981 shares of the company’s stock, valued at approximately $6,665,000. Invesco S&P 500 Low Volatility ETF accounts for 6.8% of Fortune Financial Group Inc.’s portfolio, making the stock its 2nd largest position.
A number of other hedge funds have also modified their holdings of the company. TIAA Trust National Association boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 10.4% in the fourth quarter. TIAA Trust National Association now owns 4,509 shares of the company’s stock worth $322,000 after purchasing an additional 425 shares during the period. Cerity Partners LLC boosted its position 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 worth $2,906,000 after acquiring an additional 10,975 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 14.8% during 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 last quarter. Vise Technologies Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 69.2% during the fourth quarter. Vise Technologies Inc. now owns 22,284 shares of the company’s stock worth $1,592,000 after acquiring an additional 9,111 shares during the last quarter. Finally, Cibc World Market Inc. boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 7.3% during the fourth quarter. Cibc World Market Inc. now owns 4,266 shares of the company’s stock worth $305,000 after acquiring an additional 290 shares during the last quarter.
Invesco S&P 500 Low Volatility ETF Stock Performance
Shares of NYSEARCA:SPLV opened at $73.89 on Thursday. The firm has a fifty day moving average price of $73.48 and a 200 day moving average price of $73.39. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $77.74. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 24.11 and a beta of 0.55.
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.
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