Park Avenue Securities boosts stake in Invesco S&P 500 Low Volatility ETF by over 600% in Q4

Park Avenue Securities LLC significantly increased its holdings in the Invesco S&P 500 Low Volatility ETF (SPLV) by 611.4% in the fourth quarter, acquiring an additional 69,351 shares and owning a total of 80,694 shares valued at about $5.76 million. Other major institutional investors like Bank of America, Bank of Montreal, Ameriprise Financial, Invesco Ltd., and Two Sigma Investments also raised their stakes in the ETF during recent quarters. The ETF, which tracks the 100 least-volatile stocks in the S&P 500, recently declared a monthly dividend with a yield of 2.2%. This increased institutional interest highlights confidence in low-volatility stocks amid market fluctuations.