PFG Investments LLC Cuts Stake in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

PFG Investments LLC decreased its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,211 shares of the company’s stock after selling 1,249 shares during the quarter. PFG Investments LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $4,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPLV. Alaska Permanent Fund Corp raised its holdings in Invesco S&P 500 Low Volatility ETF by 1.6% in the fourth quarter. Alaska Permanent Fund Corp now owns 4,566,374 shares of the company’s stock worth $319,646,000 after purchasing an additional 73,093 shares in the last quarter. Merit Financial Group LLC raised its holdings in Invesco S&P 500 Low Volatility ETF by 11,765.4% in the fourth quarter. Merit Financial Group LLC now owns 1,731,156 shares of the company’s stock worth $121,181,000 after purchasing an additional 1,716,566 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 2.9% in the third quarter. PNC Financial Services Group Inc. now owns 1,273,685 shares of the company’s stock worth $91,361,000 after purchasing an additional 36,008 shares in the last quarter. Citigroup Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 1,481.1% in the third quarter. Citigroup Inc. now owns 449,469 shares of the company’s stock worth $32,240,000 after purchasing an additional 421,042 shares in the last quarter. Finally, Armbruster Capital Management Inc. raised its holdings in Invesco S&P 500 Low Volatility ETF by 2.0% in the fourth quarter. Armbruster Capital Management Inc. now owns 415,589 shares of the company’s stock worth $29,091,000 after purchasing an additional 8,003 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Trading Up 0.4 %

SPLV opened at $71.08 on Monday. The stock has a fifty day simple moving average of $71.45 and a two-hundred day simple moving average of $70.67. The company has a market cap of $7.69 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47. Invesco S&P 500 Low Volatility ETF has a 12-month low of $62.37 and a 12-month high of $75.14.

Invesco S&P 500 Low Volatility ETF Company Profile

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.