Pinnacle Wealth Management Group Inc. Grows Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Pinnacle Wealth Management Group Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 10.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,330 shares of the company’s stock after purchasing an additional 5,766 shares during the quarter. Invesco S&P 500 Low Volatility ETF accounts for about 2.7% of Pinnacle Wealth Management Group Inc.’s portfolio, making the stock its 12th largest position. Pinnacle Wealth Management Group Inc. owned about 0.06% of Invesco S&P 500 Low Volatility ETF worth $4,363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Assetmark Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 70.6% in the 3rd quarter. Assetmark Inc. now owns 1,363 shares of the company’s stock worth $98,000 after acquiring an additional 564 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 10.1% during the third quarter. Pinnacle Associates Ltd. now owns 7,308 shares of the company’s stock valued at $524,000 after buying an additional 670 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 15.6% during the third quarter. Kingsview Wealth Management LLC now owns 16,103 shares of the company’s stock valued at $1,155,000 after buying an additional 2,179 shares during the last quarter. Ballast Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 1.8% in the third quarter. Ballast Inc. now owns 191,645 shares of the company’s stock worth $13,747,000 after buying an additional 3,475 shares during the period. Finally, EP Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.7% during the 2nd quarter. EP Wealth Advisors LLC now owns 33,039 shares of the company’s stock worth $2,146,000 after acquiring an additional 238 shares during the last quarter.

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

Shares of Invesco S&P 500 Low Volatility ETF stock opened at $68.80 on Tuesday. The stock’s fifty day moving average is $71.84 and its two-hundred day moving average is $70.30. Invesco S&P 500 Low Volatility ETF has a 52 week low of $62.37 and a 52 week high of $75.14. The company has a market capitalization of $7.44 billion, a PE ratio of 23.07 and a beta of 0.47.

Invesco S&P 500 Low Volatility ETF Company 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.