PNC Financial Services Group Inc. Sells 46,236 Shares of Invesco S&P 500 Low Volatility ETF $SPLV

PNC Financial Services Group Inc. lowered its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,024,880 shares of the company’s stock after selling 46,236 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.05% of Invesco S&P 500 Low Volatility ETF worth $74,960,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Corundum Group Inc. raised its holdings in shares of Invesco S&P 500 Low Volatility ETF by 19.4% in the 1st quarter. Corundum Group Inc. now owns 46,346 shares of the company’s stock worth $3,390,000 after purchasing an additional 7,539 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in shares of Invesco S&P 500 Low Volatility ETF by 4.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 244,496 shares of the company’s stock worth $17,462,000 after purchasing an additional 11,477 shares during the period. Savvy Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Low Volatility ETF during the fourth quarter worth $745,000. CWM LLC lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 7.0% during the fourth quarter. CWM LLC now owns 275,453 shares of the company’s stock valued at $19,673,000 after purchasing an additional 18,059 shares during the last quarter. Finally, Armbruster Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Low Volatility ETF by 4.5% during the fourth quarter. Armbruster Capital Management Inc. now owns 504,129 shares of the company’s stock valued at $36,005,000 after purchasing an additional 21,735 shares during the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA:SPLV opened at $76.36 on Friday. The firm has a 50 day simple moving average of $74.44 and a 200 day simple moving average of $74.17. Invesco S&P 500 Low Volatility ETF has a 52 week low of $69.63 and a 52 week high of $78.07. The company has a market cap of $7.15 billion, a PE ratio of 24.11 and a beta of 0.54.

Invesco S&P 500 Low Volatility ETF 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.