GGM Financials LLC has made a significant investment in the Invesco S&P 500 Low Volatility ETF (SPLV), acquiring a total of 14,151 shares valued at approximately $1,030,000. This purchase was disclosed in GGM’s most recent 13F filing with the Securities and Exchange Commission (SEC) for the second quarter.
Several other institutional investors have also recently adjusted their positions in SPLV. For instance, Brighton Jones LLC raised its stake by 7.6% during the fourth quarter, now holding 13,082 shares worth around $916,000. This increase reflects a purchase of an additional 922 shares in the last quarter.
In addition, GAMMA Investing LLC expanded its holdings by 8.6% in the first quarter, acquiring 225 new shares to reach a total of 2,832 shares valued at $212,000. Diversified Trust Co entered a new position during the same period, investing approximately $237,000 in SPLV. Meanwhile, MorganRosel Wealth Management LLC increased its stake by 1.2%, bringing its total to 24,620 shares worth $1,840,000 after the addition of 296 shares.
Finally, G&S Capital LLC raised its holdings by 6.0%, now owning 57,396 shares valued at $4,289,000 after buying 3,229 additional shares last quarter.
Performance Overview of Invesco S&P 500 Low Volatility ETF
On Tuesday, SPLV opened at $72.62, giving the fund a market capitalization of $7.73 billion. The ETF has a price-to-earnings ratio of 24.11 and a beta of 0.62, indicating its relative stability compared to the broader market. Over the past 50 days, the ETF has maintained a simple moving average of $72.97, while its 200-day moving average stands at $72.78.
The Invesco S&P 500 Low Volatility ETF has experienced fluctuations within a 52-week range, recording a low of $67.13 and a high of $75.43. Launched on May 5, 2011, this exchange-traded fund aims to track a volatility-weighted index composed of the 100 least-volatile stocks in the S&P 500.
As institutional investments in SPLV continue to evolve, the ETF remains a focal point for investors seeking lower volatility options within their portfolios.
