Rainey & Randall Investment Management Inc. Acquires 6,319 Shares of Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV)

Rainey & Randall Investment Management Inc. boosted its stake in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 305,508 shares of the company’s stock after purchasing an additional 6,319 shares during the period. Invesco S&P Emerging Markets Low Volatility ETF makes up 1.7% of Rainey & Randall Investment Management Inc.’s portfolio, making the stock its 13th largest position. Rainey & Randall Investment Management Inc.’s holdings in Invesco S&P Emerging Markets Low Volatility ETF were worth $7,971,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ayalon Insurance Comp Ltd. lifted its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 244.7% during the second quarter. Ayalon Insurance Comp Ltd. now owns 3,447 shares of the company’s stock worth $81,000 after acquiring an additional 2,447 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF in the second quarter worth about $103,000. Ridgewood Investments LLC bought a new position in shares of Invesco S&P Emerging Markets Low Volatility ETF in the second quarter valued at approximately $127,000. Whittier Trust Co. purchased a new position in Invesco S&P Emerging Markets Low Volatility ETF during the third quarter valued at approximately $168,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Invesco S&P Emerging Markets Low Volatility ETF during the 2nd quarter worth approximately $173,000.

Invesco S&P Emerging Markets Low Volatility ETF Price Performance

Shares of NYSEARCA:EELV opened at $25.26 on Wednesday. The firm has a fifty day moving average price of $25.48 and a two-hundred day moving average price of $24.46. The company has a market cap of $473.63 million, a price-to-earnings ratio of 10.99 and a beta of 0.57. Invesco S&P Emerging Markets Low Volatility ETF has a one year low of $21.78 and a one year high of $26.48.

Invesco S&P Emerging Markets Low Volatility ETF Profile

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.