PNC Financial Services Group Inc. cut its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report) by 4.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,024,880 shares of the company’s stock after selling 46,236 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco S&P 500 Low Volatility ETF were worth $74,960,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Summit Global Investments bought a new stake in shares of Invesco S&P 500 Low Volatility ETF in the 1st quarter valued at $1,889,000. Cassaday & Co Wealth Management LLC bought a new stake in Invesco S&P 500 Low Volatility ETF during the first quarter valued at $68,000. Decker Wealth Management LLC acquired a new stake in Invesco S&P 500 Low Volatility ETF during the 1st quarter worth about $938,000. WealthTrust Asset Management LLC acquired a new position in shares of Invesco S&P 500 Low Volatility ETF in the 1st quarter valued at about $212,000. Finally, Modera Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.6% in the 1st quarter. Modera Wealth Management LLC now owns 7,806 shares of the company’s stock valued at $571,000 after purchasing an additional 200 shares during the period.
Invesco S&P 500 Low Volatility ETF Price Performance
Shares of Invesco S&P 500 Low Volatility ETF stock opened at $76.36 on Friday. The stock’s 50-day moving average is $74.44 and its 200 day moving average is $74.17. Invesco S&P 500 Low Volatility ETF has a one year low of $69.63 and a one year high of $78.07. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 24.11 and a beta of 0.54.
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.
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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV – Free Report).
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