Lockheed Martin Investment Management Co. Buys 556,000 Shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Lockheed Martin Investment Management Co. boosted its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 168.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 885,200 shares of the company’s stock after acquiring an additional 556,000 shares during the period. Invesco S&P 500 Low Volatility ETF accounts for about 2.5% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 9th biggest position. Lockheed Martin Investment Management Co.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $61,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Clearview Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 3.3% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 4,390 shares of the company’s stock valued at $315,000 after purchasing an additional 142 shares during the last quarter. Cornerstone Wealth Management LLC boosted its position in Invesco S&P 500 Low Volatility ETF by 1.1% in the third quarter. Cornerstone Wealth Management LLC now owns 14,888 shares of the company’s stock valued at $1,068,000 after buying an additional 155 shares in the last quarter. Creekmur Asset Management LLC grew its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.4% during the third quarter. Creekmur Asset Management LLC now owns 45,830 shares of the company’s stock worth $3,287,000 after buying an additional 177 shares during the last quarter. Sheets Smith Wealth Management increased its holdings in Invesco S&P 500 Low Volatility ETF by 0.5% in the 4th quarter. Sheets Smith Wealth Management now owns 32,764 shares of the company’s stock worth $2,293,000 after purchasing an additional 178 shares in the last quarter. Finally, Carr Financial Group Corp raised its holdings in Invesco S&P 500 Low Volatility ETF by 5.6% in the 3rd quarter. Carr Financial Group Corp now owns 3,798 shares of the company’s stock valued at $272,000 after buying an additional 200 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

SPLV opened at $71.36 on Wednesday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $62.37 and a fifty-two week high of $75.14. The company’s 50 day moving average price is $71.23 and its two-hundred day moving average price is $70.87. The firm has a market capitalization of $7.72 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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.