Mercer Global Advisors Inc. ADV Has $5.87 Million Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Mercer Global Advisors Inc. ADV reduced its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 90,338 shares of the company’s stock after selling 2,125 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,867,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ICA Group Wealth Management LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 11.6% during the 4th 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 period. Crestline Management LP acquired a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $7,523,000. EverSource Wealth Advisors LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 59.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,959 shares of the company’s stock valued at $248,000 after purchasing an additional 1,479 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in Invesco S&P 500 Low Volatility ETF in the fourth quarter worth $4,876,000. Finally, Simplicity Wealth LLC boosted its position in shares of 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 worth $443,000 after purchasing an additional 3,652 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV opened at $71.17 on Friday. The stock has a market cap of $7.70 billion, a P/E ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 12 month low of $57.17 and a 12 month high of $71.93. The company has a fifty day simple moving average of $69.03 and a 200 day simple moving average of $66.29.

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.