International Assets Investment Management LLC Invests $540,000 in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

During the fourth quarter, International Assets Investment Management LLC made a significant investment in the Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV). According to their latest filing with the Securities and Exchange Commission, the firm acquired 7,749 shares of the ETF, totaling an investment of approximately $540,000.

This move aligns with trends among other large investors. Citigroup Inc. notably expanded its investment in the Invesco S&P 500 Low Volatility ETF by 1,481.1% during the third quarter, now holding 449,469 shares valued at around $32.24 million after buying 421,042 additional shares. Other notable investors include Fortis Group Advisors LLC, which invested approximately $9.76 million in the ETF, and Tidal Investments LLC, which contributed an estimated $8.79 million. Additionally, PFG Advisors increased its holdings by 359.8% in the same period, now owning 152,593 shares worth about $10.95 million. Benjamin Edwards Inc. also entered the scene with a new position valued at around $4.76 million.

Invesco S&P 500 Low Volatility ETF Price Performance

The Invesco S&P 500 Low Volatility ETF (SPLV) opened trading at $68.32 recently. It has a 50-day simple moving average of $71.88 and a 200-day simple moving average of $70.21. The ETF’s performance over the past year shows a low of $62.37 and a high of $75.14, while its current market capitalization stands at $7.39 billion, accompanied by a PE ratio of 23.07 and a beta of 0.47.

About Invesco S&P 500 Low Volatility ETF

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund designed to follow the S&P 500 Low Volatility Index. This fund specifically tracks a volatility-weighted index composed of the 100 least-volatile stocks from the S&P 500. SPLV was established on May 5, 2011, and is managed by Invesco.

For those interested in monitoring the latest movements by hedge funds with positions in SPLV, further insights can be obtained by visiting dedicated financial websites for updates and filings.

investment, ETF, finance