International Assets Investment Management LLC Invests $540,000 in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

On January 11, 2025, it was reported that International Assets Investment Management LLC has made a new investment in the Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV). This investment occurred during the fourth quarter of the previous year, and the company acquired 7,749 shares valued at approximately $540,000.

Additionally, several other large institutional investors have recently adjusted their positions in the Invesco S&P 500 Low Volatility ETF. Notably, Citigroup Inc. significantly increased its stake by 1,481.1% in the third quarter, now holding 449,469 shares worth around $32.24 million after purchasing 421,042 additional shares. Fortis Group Advisors LLC also entered a new investment in the fund valued at about $9.76 million during the same period. Other notable investors include Tidal Investments LLC, which acquired shares worth approximately $8.79 million, and PFG Advisors, which boosted its holdings by 359.8%, now controlling 152,593 shares valued at roughly $10.95 million after an additional purchase. Finally, Benjamin Edwards Inc. is reported to have acquired shares worth about $4.76 million in the ETF.

Performance of Invesco S&P 500 Low Volatility ETF

As of the latest trading data, the Invesco S&P 500 Low Volatility ETF opened at $68.32. The fund has a 50-day simple moving average of $71.88 and a 200-day simple moving average of $70.21. Over the past year, the ETF has recorded a low of $62.37 and a high of $75.14, bringing its market capitalization to $7.39 billion. The ETF has a price-to-earnings (P/E) ratio of 23.07 and features a beta of 0.47, indicating lower volatility compared to the broader market.

About Invesco S&P 500 Low Volatility ETF

The Invesco S&P 500 Low Volatility ETF (SPLV) is designed to track the performance of the S&P 500 Low Volatility Index. This index focuses on the 100 least-volatile stocks from the S&P 500, making the fund suitable for investors looking to mitigate risk. Launched on May 5, 2011, this ETF is managed by Invesco, a major investment management firm known for its diverse range of financial products.

Investment, ETF, Assets