Invesco S&P 500 Minimum Variance ETF
SPMV
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Jul 14, 2017
- CIK
- 0001378872
- Similar Companies
- Business
- Invesco S&P 500 Minimum Variance ETF (SPMV) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the S&P 500 Minimum Volatility Index. The fund invests at least 90% of its total assets in securities comprising the index, which applies a managed-volatility methodology to select and weight constituents from the S&P 500 Index aimed at achieving lower total risk while preserving similar overall characteristics; the index and fund are rebalanced and reconstituted semi-annually. SPMV provides investors with exposure to a low-volatility portfolio concentrated in large-cap U.S. equities across sectors including information technology (approximately 27.7%), financials (18.1%), health care (16.7%), consumer staples (11.9%), and utilities (9.6%), with top holdings such as Broadcom Inc., Microsoft Corp., and Oracle Corp.. Launched on July 13, 2017, SPMV operates as a series of Invesco Exchange-Traded Fund Trust II, a statutory trust organized under Delaware law with its principal executive offices in Downers Grove, Illinois. The fund is sponsored and distributed by Invesco Capital Management LLC, investment adviser to Invesco ETFs, which is ultimately part of Invesco Ltd., an independent global investment management firm founded in 1935 and headquartered in Atlanta, Georgia. SPMV trades on the Cboe BZX Exchange and targets institutional and retail investors seeking reduced volatility relative to the broader S&P 500. In recent developments, Invesco provided estimated capital gain distribution information for SPMV in late 2025, reflecting ongoing portfolio management amid market conditions, including quarterly ordinary income distributions such as $0.20144 per share in June 2025 and $0.18277 in March 2025. While SPMV itself has maintained its core strategy without major structural changes, Invesco Ltd. has pursued broader ETF expansions, including new product launches like the GTOC ETF focused on high-quality U.S. fixed income securities and the INTM intermediate municipal bond ETF in 2025, alongside a multi-year share repurchase program that acquired nearly 0.75 million shares between early and mid-2025 as part of repurchasing 14.56% of outstanding shares. These initiatives underscore Invesco's strategic emphasis on ETF innovation and capital returns amid record assets under management exceeding $2.1 trillion as of late 2025.