Traders Purchase High Volume of Invesco S&P 500 Low Volatility ETF Put Options (NYSEARCA:SPLV)

Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) was the target of some unusual options trading activity on Thursday. Investors acquired 11,608 put options on the company. This represents an increase of 628% compared to the typical daily volume of 1,595 put options.

Institutional Trading of Invesco S&P 500 Low Volatility ETF

Several hedge funds have recently added to or reduced their stakes in SPLV. Barclays PLC boosted its position in Invesco S&P 500 Low Volatility ETF by 10.3% during the 3rd quarter. Barclays PLC now owns 17,080 shares of the company’s stock worth $1,225,000 after acquiring an additional 1,590 shares during the last quarter. Assetmark Inc. grew its position in Invesco S&P 500 Low Volatility ETF by 70.6% in the third quarter. Assetmark Inc. now owns 1,363 shares of the company’s stock valued at $98,000 after purchasing an additional 564 shares in the last quarter. Savant Capital LLC increased its stake in Invesco S&P 500 Low Volatility ETF by 36.7% in the 4th quarter. Savant Capital LLC now owns 3,989 shares of the company’s stock valued at $279,000 after buying an additional 1,070 shares during the last quarter. Kingsview Wealth Management LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 15.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,103 shares of the company’s stock worth $1,155,000 after buying an additional 2,179 shares in the last quarter. Finally, Townsquare Capital LLC grew its holdings in shares of Invesco S&P 500 Low Volatility ETF by 11.9% in the 3rd quarter. Townsquare Capital LLC now owns 19,547 shares of the company’s stock valued at $1,402,000 after acquiring an additional 2,072 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA SPLV opened at $72.78 on Friday. The firm has a 50 day moving average price of $71.94 and a 200 day moving average price of $71.84. The stock has a market cap of $7.54 billion, a P/E ratio of 23.79 and a beta of 0.69. Invesco S&P 500 Low Volatility ETF has a 52-week low of $62.53 and a 52-week high of $75.43.

About Invesco S&P 500 Low Volatility ETF

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.