Gateway Wealth Partners LLC Increases Stake in Invesco S&P 500 Low Volatility ETF $SPLV

Gateway Wealth Partners LLC raised its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 119.4% in the first quarter, HoldingsChannel reports. The fund owned 14,868 shares of the company’s stock after purchasing an additional 8,092 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of SPLV. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 16.8% during the 3rd quarter. Bank of America Corp DE now owns 8,045,945 shares of the company’s stock worth $591,216,000 after purchasing an additional 1,156,550 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P 500 Low Volatility ETF by 26.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,016,453 shares of the company’s stock valued at $147,348,000 after purchasing an additional 423,940 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 3.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,610,857 shares of the company’s stock valued at $115,047,000 after purchasing an additional 57,312 shares during the period. Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 6.7% in the 4th quarter. Royal Bank of Canada now owns 1,585,210 shares of the company’s stock valued at $113,216,000 after purchasing an additional 99,562 shares during the period. Finally, Two Sigma Investments LP lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 301.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,442,700 shares of the company’s stock valued at $106,010,000 after purchasing an additional 1,082,900 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA SPLV opened at $77.54 on Thursday. The company has a market capitalization of $7.26 billion, a PE ratio of 24.11 and a beta of 0.54. The company’s fifty day moving average price is $74.79 and its 200 day moving average price is $74.34. Invesco S&P 500 Low Volatility ETF has a 1 year low of $69.63 and a 1 year high of $78.82.

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.