Fragasso Financial Advisors Inc Raises Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Fragasso Financial Advisors Inc boosted its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 8.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,484 shares of the company’s stock after acquiring an additional 333 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in Invesco S&P 500 Low Volatility ETF were worth $291,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SPLV. Scarborough Advisors LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter worth about $29,000. Global Trust Asset Management LLC increased its position in shares of Invesco S&P 500 Low Volatility ETF by 149.3% during the first quarter. Global Trust Asset Management LLC now owns 501 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the period. Friedenthal Financial purchased a new position in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth approximately $34,000. Tidemark LLC bought a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $34,000. Finally, Delta Asset Management LLC TN purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the fourth quarter valued at approximately $46,000.

Invesco S&P 500 Low Volatility ETF Stock Up 0.7 %

NYSEARCA:SPLV traded up $0.45 during midday trading on Tuesday, hitting $67.18. The stock had a trading volume of 3,564,150 shares, compared to its average volume of 1,887,888. The stock has a 50-day moving average of $65.79 and a 200 day moving average of $64.77. The company has a market capitalization of $7.26 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a one year low of $57.17 and a one year high of $68.75.

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.