Axxcess Wealth Management LLC Increases Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Axxcess Wealth Management LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 42.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,405 shares of the company’s stock after purchasing an additional 3,426 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $741,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPLV. ICA Group Wealth Management LLC increased its holdings in Invesco S&P 500 Low Volatility ETF by 11.6% during the fourth quarter. ICA Group Wealth Management LLC now owns 4,509 shares of the company’s stock worth $283,000 after buying an additional 467 shares during the last quarter. Crestline Management LP purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the 4th quarter worth approximately $7,523,000. EverSource Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 59.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,959 shares of the company’s stock worth $248,000 after purchasing an additional 1,479 shares during the period. Focus Financial Network Inc. ADV purchased a new position in Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $4,876,000. Finally, Simplicity Wealth LLC grew its holdings in Invesco S&P 500 Low Volatility ETF by 115.5% during the second quarter. Simplicity Wealth LLC now owns 6,813 shares of the company’s stock valued at $443,000 after purchasing an additional 3,652 shares during the period.

Invesco S&P 500 Low Volatility ETF Price Performance

NYSEARCA:SPLV opened at $71.17 on Friday. The company has a market capitalization of $7.70 billion, a P/E ratio of 23.07 and a beta of 0.47. The business has a fifty day simple moving average of $68.94 and a two-hundred day simple moving average of $66.24. Invesco S&P 500 Low Volatility ETF has a 1 year low of $57.17 and a 1 year high of $71.93.

Invesco S&P 500 Low Volatility ETF 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.