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

PNC Financial Services Group Inc. cut its holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,140,794 shares of the company’s stock after selling 62,404 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.10% of Invesco S&P 500 Low Volatility ETF worth $83,073,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its stake in Invesco S&P 500 Low Volatility ETF by 723,173.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 193,822,792 shares of the company’s stock valued at $14,114,176,000 after buying an additional 193,795,994 shares in the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at $54,539,000. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Low Volatility ETF by 20.0% during the first quarter. LPL Financial LLC now owns 3,584,663 shares of the company’s stock valued at $267,846,000 after acquiring an additional 597,838 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Invesco S&P 500 Low Volatility ETF by 42.7% in the 1st quarter. Ameriprise Financial Inc. now owns 1,592,513 shares of the company’s stock valued at $118,994,000 after purchasing an additional 476,779 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF during the second quarter worth about $32,580,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV opened at $72.26 on Thursday. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $75.43. The company has a market capitalization of $7.59 billion, a PE ratio of 24.11 and a beta of 0.62. The stock has a fifty day moving average of $72.36 and a two-hundred day moving average of $72.73.

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.