Fortis Group Advisors LLC Acquires Shares of 136,055 Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Fortis Group Advisors LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 136,055 shares of the company’s stock, valued at approximately $9,759,000. Invesco S&P 500 Low Volatility ETF comprises approximately 1.8% of Fortis Group Advisors LLC’s portfolio, making the stock its 13th biggest position. Fortis Group Advisors LLC owned approximately 0.13% of Invesco S&P 500 Low Volatility ETF at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Low Volatility ETF by 7.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,251,856 shares of the company’s stock worth $81,308,000 after acquiring an additional 86,639 shares during the last quarter. Kestra Advisory Services LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 4.3% during the 1st quarter. Kestra Advisory Services LLC now owns 665,728 shares of the company’s stock worth $43,852,000 after purchasing an additional 27,463 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 2.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 548,536 shares of the company’s stock worth $35,627,000 after buying an additional 14,569 shares during the period. Dynasty Wealth Management LLC bought a new position in Invesco S&P 500 Low Volatility ETF in the first quarter valued at approximately $33,326,000. Finally, Genworth Financial Inc boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 0.6% in the second quarter. Genworth Financial Inc now owns 460,837 shares of the company’s stock valued at $29,931,000 after buying an additional 2,550 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV traded down $0.38 during midday trading on Tuesday, hitting $72.13. The stock had a trading volume of 227,472 shares, compared to its average volume of 1,877,800. The company has a 50 day simple moving average of $70.94 and a two-hundred day simple moving average of $67.32. Invesco S&P 500 Low Volatility ETF has a twelve month low of $57.35 and a twelve month high of $73.32. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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.