Scarborough Advisors LLC Purchases 1,785,688 Shares of Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV)

Scarborough Advisors LLC boosted its holdings in Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) by 459.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,173,970 shares of the company’s stock after buying an additional 1,785,688 shares during the period. Invesco S&P Emerging Markets Low Volatility ETF accounts for approximately 2.4% of Scarborough Advisors LLC’s holdings, making the stock its 15th biggest position. Scarborough Advisors LLC owned about 6.54% of Invesco S&P Emerging Markets Low Volatility ETF worth $52,262,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Delta Asset Management LLC TN purchased a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF during the fourth quarter worth about $29,000. Principal Securities Inc. bought a new position in Invesco S&P Emerging Markets Low Volatility ETF in the 4th quarter worth approximately $63,000. Global Retirement Partners LLC grew its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 53.0% during the 4th quarter. Global Retirement Partners LLC now owns 3,337 shares of the company’s stock valued at $78,000 after buying an additional 1,156 shares in the last quarter. Spire Wealth Management raised its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 12.9% during the fourth quarter. Spire Wealth Management now owns 4,077 shares of the company’s stock valued at $94,000 after buying an additional 465 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of Invesco S&P Emerging Markets Low Volatility ETF by 86.4% in the fourth quarter. Private Trust Co. NA now owns 4,465 shares of the company’s stock worth $107,000 after buying an additional 2,069 shares in the last quarter.

Invesco S&P Emerging Markets Low Volatility ETF Stock Performance

EELV opened at $23.64 on Friday. The stock has a market capitalization of $443.34 million, a price-to-earnings ratio of 10.99 and a beta of 0.57. The company has a fifty day moving average of $23.81 and a 200 day moving average of $23.75. Invesco S&P Emerging Markets Low Volatility ETF has a fifty-two week low of $21.78 and a fifty-two week high of $24.52.

About Invesco S&P Emerging Markets Low Volatility ETF

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.