Mather Group LLC. Takes $213,000 Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Mather Group LLC. bought a new stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) in the 4th quarter, HoldingsChannel.com reports. The firm bought 3,406 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 8,482.9% during the 3rd 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 in the last quarter. Bailard Inc. grew its holdings in Invesco S&P 500 Low Volatility ETF by 7.3% in the third quarter. Bailard Inc. now owns 5,961 shares of the company’s stock valued at $350,000 after purchasing an additional 406 shares during the period. Intellectus Partners LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 43.0% in the third quarter. Intellectus Partners LLC now owns 5,005 shares of the company’s stock valued at $294,000 after buying an additional 1,506 shares in the last quarter. Kowal Investment Group LLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 183.7% during the 3rd quarter. Kowal Investment Group LLC now owns 14,767 shares of the company’s stock worth $868,000 after buying an additional 9,561 shares during the period. Finally, Verdence Capital Advisors LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 97.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 30,712 shares of the company’s stock valued at $1,806,000 after buying an additional 15,181 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Invesco S&P 500 Low Volatility ETF stock opened at $64.04 on Friday. The stock has a market capitalization of $6.93 billion, a P/E ratio of 23.07 and a beta of 0.47. The company’s fifty day moving average price is $64.37 and its 200 day moving average price is $62.61. Invesco S&P 500 Low Volatility ETF has a 1 year low of $57.17 and a 1 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.