UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys New Shares in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) during the third quarter, HoldingsChannel.com reports. The fund purchased 10,231 shares of the company’s stock, valued at approximately $311,000.

A number of other hedge funds also recently made changes to their positions in IDLV. Assetmark Inc. raised its position in Invesco S&P International Developed Low Volatility ETF by 234.3% in the third quarter. Assetmark Inc. now owns 2,123 shares of the company’s stock valued at $65,000 after purchasing an additional 1,488 shares during the period. Lunt Capital Management Inc. acquired a new position in shares of Invesco S&P International Developed Low Volatility ETF in the 3rd quarter valued at approximately $663,000. Ridgewood Investments LLC increased its stake in shares of Invesco S&P International Developed Low Volatility ETF by 1.8% in the second quarter. Ridgewood Investments LLC now owns 24,050 shares of the company’s stock worth $656,000 after buying an additional 420 shares during the last quarter. FMR LLC raised its stake in shares of Invesco S&P International Developed Low Volatility ETF by 2.4% in the 3rd quarter. FMR LLC now owns 24,524 shares of the company’s stock valued at $746,000 after purchasing an additional 575 shares in the last quarter. Finally, Bank of Montreal Can bought a new position in Invesco S&P International Developed Low Volatility ETF during the 2nd quarter worth approximately $1,226,000.

Invesco S&P International Developed Low Volatility ETF Price Performance

IDLV stock opened at $27.86 on Friday. Invesco S&P International Developed Low Volatility ETF has a 1-year low of $26.77 and a 1-year high of $30.83. The firm has a fifty day moving average price of $29.03 and a two-hundred day moving average price of $28.94. The firm has a market cap of $403.97 million, a price-to-earnings ratio of 16.42 and a beta of 0.57.

Invesco S&P International Developed Low Volatility ETF Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.