Corundum Group Inc. Increases Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Corundum Group Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 56.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 61,155 shares of the company’s stock after purchasing an additional 22,128 shares during the period. Invesco S&P 500 Low Volatility ETF comprises about 1.6% of Corundum Group Inc.’s investment portfolio, making the stock its 17th biggest position. Corundum Group Inc. owned 0.06% of Invesco S&P 500 Low Volatility ETF worth $4,281,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the 2nd quarter valued at $4,046,000. Edgestream Partners L.P. increased its position in shares of Invesco S&P 500 Low Volatility ETF by 43.7% in the second quarter. Edgestream Partners L.P. now owns 7,316 shares of the company’s stock valued at $475,000 after acquiring an additional 2,224 shares during the period. Blair William & Co. IL raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 22,667 shares of the company’s stock valued at $1,472,000 after acquiring an additional 936 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of Invesco S&P 500 Low Volatility ETF by 92.6% during the second quarter. Hsbc Holdings PLC now owns 56,412 shares of the company’s stock valued at $3,675,000 after acquiring an additional 27,124 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 8.0% during the second quarter. AE Wealth Management LLC now owns 31,816 shares of the company’s stock worth $2,067,000 after purchasing an additional 2,350 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of NYSEARCA:SPLV opened at $70.90 on Monday. The stock’s 50-day moving average is $71.66 and its 200 day moving average is $70.45. The company has a market cap of $7.67 billion, a PE ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 1 year low of $62.37 and a 1 year high of $75.14.

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.