Citizens Financial Group Inc. RI Reduces Stock Holdings in Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV)

Citizens Financial Group Inc. RI reduced its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,173 shares of the company’s stock after selling 231 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Invesco S&P 500 Low Volatility ETF were worth $661,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPLV. Midwest Financial Group LLC boosted its position in shares of Invesco S&P 500 Low Volatility ETF by 1.0% during the first quarter. Midwest Financial Group LLC now owns 18,539 shares of the company’s stock valued at $1,221,000 after purchasing an additional 181 shares in the last quarter. Detalus Advisors LLC grew its position in shares of Invesco S&P 500 Low Volatility ETF by 5.4% in the 2nd quarter. Detalus Advisors LLC now owns 3,525 shares of the company’s stock worth $229,000 after buying an additional 181 shares during the period. Flagstar Advisors Inc. increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 2.9% in the 1st quarter. Flagstar Advisors Inc. now owns 6,459 shares of the company’s stock worth $425,000 after acquiring an additional 182 shares in the last quarter. Pineridge Advisors LLC lifted its position in Invesco S&P 500 Low Volatility ETF by 16.2% during the 1st quarter. Pineridge Advisors LLC now owns 1,600 shares of the company’s stock valued at $105,000 after acquiring an additional 223 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in Invesco S&P 500 Low Volatility ETF by 1.8% during the second quarter. International Assets Investment Management LLC now owns 13,400 shares of the company’s stock worth $870,000 after acquiring an additional 231 shares in the last quarter.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of NYSEARCA SPLV opened at $71.48 on Wednesday. The company has a 50 day simple moving average of $68.72 and a two-hundred day simple moving average of $66.17. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.93. The company has a market capitalization of $7.73 billion, a price-to-earnings ratio of 23.07 and a beta of 0.47.

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.