Sowell Financial Services LLC Has $9.40 Million Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Sowell Financial Services LLC raised its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,062 shares of the company’s stock after purchasing an additional 14,510 shares during the period. Sowell Financial Services LLC owned 0.10% of Invesco S&P 500 Low Volatility ETF worth $9,403,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPLV. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth about $65,831,000. Bank of New York Mellon Corp boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 8,482.9% during the third quarter. Bank of New York Mellon Corp now owns 984,377 shares of the company’s stock worth $57,871,000 after acquiring an additional 972,908 shares during the period. Picton Mahoney Asset Management acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the third quarter valued at approximately $32,584,000. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 117.2% during the first quarter. JPMorgan Chase & Co. now owns 79,254 shares of the company’s stock worth $5,317,000 after purchasing an additional 539,472 shares during the period. Finally, Alaska Permanent Fund Corp lifted its holdings in Invesco S&P 500 Low Volatility ETF by 13.8% during the 3rd quarter. Alaska Permanent Fund Corp now owns 3,246,922 shares of the company’s stock worth $190,887,000 after purchasing an additional 393,338 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV traded up $0.25 during trading on Friday, hitting $64.71. The stock had a trading volume of 1,941,842 shares, compared to its average volume of 2,219,122. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 20.07 and a beta of 0.69. The company has a 50 day moving average price of $64.19 and a 200-day moving average price of $61.98. Invesco S&P 500 Low Volatility ETF has a one year low of $57.17 and a one year high of $65.99.

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.