International Assets Investment Management LLC Invests $540,000 in Invesco S&P 500 Low Volatility ETF

International Assets Investment Management LLC has recently made a significant investment in the Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV). During the fourth quarter of 2024, the firm disclosed that it acquired 7,749 shares of this exchange-traded fund, totaling approximately $540,000.

This move comes amid a backdrop of several other large investments in the Invesco S&P 500 Low Volatility ETF. For instance, Citigroup Inc. remarkably increased its position in this ETF by an impressive 1,481.1% during the third quarter. Following this investment spree, Citigroup now holds a substantial 449,469 shares valued at about $32.24 million after adding 421,042 shares during the last quarter.

Moreover, Fortis Group Advisors LLC also made a notable addition to its portfolio by acquiring a new position in the Invesco S&P 500 Low Volatility ETF in the third quarter, with a valuation of around $9.76 million. Another significant player, Tidal Investments LLC, made a fresh investment during the same timeframe, with their stakeworth approximately $8.79 million.

PFG Advisors has increased its stake by 359.8% in the third quarter, now holding 152,593 shares valued at $10.95 million after purchasing an additional 119,406 shares. Lastly, Benjamin Edwards Inc. joined the group of new investors in this ETF during the third quarter, investing approximately $4.76 million.

Performance of Invesco S&P 500 Low Volatility ETF

As of the latest trading session on Friday, shares of the Invesco S&P 500 Low Volatility ETF opened at $68.32. The ETF has experienced fluctuations over the past year, with a low of $62.37 and a high of $75.14. The fund boasts a market capitalization of $7.39 billion, a price-to-earnings ratio of 23.07, and a beta of 0.47, indicating lower volatility compared to broader market indexes.

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 ETF focuses on the 100 least-volatile stocks in the S&P 500, making it an appealing option for investors seeking to minimize risk during market fluctuations. Managed by Invesco, SPLV has been available to investors since its launch on May 5, 2011.

investment, ETF, stocks