International Assets Investment Management LLC Invests $540,000 in Invesco S&P 500 Low Volatility ETF

International Assets Investment Management LLC made a significant investment in the Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) during the fourth quarter, acquiring a new stake valued at approximately $540,000. The firm purchased a total of 7,749 shares, as noted in their latest filing with the Securities and Exchange Commission.

Alongside International Assets Investment Management, several other major investors have also recently engaged in trading SPLV shares. Citigroup Inc. notably increased its stake in the ETF by an impressive 1,481.1% in the third quarter, resulting in ownership of 449,469 shares valued at around $32.24 million after adding an additional 421,042 shares. Additionally, Fortis Group Advisors LLC entered a new position in the ETF during the third quarter valued at approximately $9.76 million. Tidal Investments LLC also invested in SPLV during the same quarter with a stake worth about $8.79 million. Furthermore, PFG Advisors raised its holdings in the ETF by 359.8%, owning 152,593 shares valued at $10.95 million, following the acquisition of an extra 119,406 shares. Lastly, Benjamin Edwards Inc. established a new position in the Invesco S&P 500 Low Volatility ETF, valued at around $4.76 million in the third quarter.

Invesco S&P 500 Low Volatility ETF Performance

As of the recent trading session, the Invesco S&P 500 Low Volatility ETF opened at $68.32. The ETF has a 50-day simple moving average at $71.88 and a 200-day simple moving average at $70.21. Over the past year, the ETF has seen a low of $62.37 and reached a high of $75.14. The Invesco S&P 500 Low Volatility ETF currently features a market capitalization of approximately $7.39 billion, a price-to-earnings ratio (P/E) of 23.07, and a beta of 0.47, indicating lower volatility compared to the overall market.

Overview of Invesco S&P 500 Low Volatility ETF

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund designed to track the performance of the S&P 500 Low Volatility Index. This index represents a selection of the 100 least volatile stocks within the S&P 500, providing investors with exposure to lower risk investments. Since its inception on May 5, 2011, the ETF has been managed by Invesco, offering a strategic approach for those looking to mitigate risk while investing in the U.S. equity market.

Additional Resources

For those interested in further exploring investments in the Invesco S&P 500 Low Volatility ETF, there are many resources available to track market performance and investor activities. This includes monitoring recent 13F filings and insider trades related to SPLV, providing insights into institutional holdings.

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investment, ETF, SPLV