Invesco S&P 500 Low Volatility ETF $SPLV Stake Lessened by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,071,116 shares of the company’s stock after selling 36,327 shares during the period. PNC Financial Services Group Inc. owned approximately 1.05% of Invesco S&P 500 Low Volatility ETF worth $76,499,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ulland Investment Advisors LLC raised its position in Invesco S&P 500 Low Volatility ETF by 112.5% during the third quarter. Ulland Investment Advisors LLC now owns 425 shares of the company’s stock valued at $31,000 after buying an additional 225 shares during the period. Founders Financial Alliance LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 3rd quarter worth about $36,000. Investment Research & Advisory Group Inc. acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 4th quarter worth about $49,000. Maseco LLP purchased a new position in Invesco S&P 500 Low Volatility ETF during the 4th quarter valued at about $55,000. Finally, BNP Paribas Financial Markets grew its stake in Invesco S&P 500 Low Volatility ETF by 380.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 884 shares of the company’s stock valued at $65,000 after acquiring an additional 700 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Price Performance

Shares of SPLV opened at $73.56 on Thursday. The business’s 50-day moving average is $73.66 and its 200-day moving average is $73.23. The company has a market capitalization of $7.19 billion, a price-to-earnings ratio of 24.11 and a beta of 0.57. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $69.63 and a fifty-two week high of $77.74.

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.