Corundum Group Inc. Raises Stock Position in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Corundum Group Inc. lifted its stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 56.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,155 shares of the company’s stock after purchasing an additional 22,128 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for about 1.6% of Corundum Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Corundum Group Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,281,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Merit Financial Group LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 11,765.4% during the fourth quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock valued at $121,181,000 after buying an additional 1,716,566 shares during the period. Citigroup Inc. boosted its stake in Invesco S&P 500 Low Volatility ETF by 1,481.1% during the third quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after acquiring an additional 421,042 shares in the last quarter. Fortis Group Advisors LLC purchased a new stake in Invesco S&P 500 Low Volatility ETF in the third quarter worth about $9,759,000. Tidal Investments LLC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at approximately $8,791,000. Finally, PFG Advisors lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 359.8% during the third quarter. PFG Advisors now owns 152,593 shares of the company’s stock valued at $10,946,000 after purchasing an additional 119,406 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Up 0.3 %

Shares of SPLV opened at $70.90 on Monday. The stock has a market cap of $7.67 billion, a P/E ratio of 23.07 and a beta of 0.47. The business’s 50 day moving average price is $71.66 and its 200-day moving average price is $70.45. Invesco S&P 500 Low Volatility ETF has a 52 week low of $62.37 and a 52 week high of $75.14.

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.