Citigroup Inc. Raises Position in Invesco S&P 500 Low Volatility ETF $SPLV

Citigroup Inc. lifted its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 100.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 118,778 shares of the company’s stock after buying an additional 59,448 shares during the period. Citigroup Inc. owned about 0.11% of Invesco S&P 500 Low Volatility ETF worth $8,728,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bangor Savings Bank lifted its stake in Invesco S&P 500 Low Volatility ETF by 681.0% during the 3rd quarter. Bangor Savings Bank now owns 453 shares of the company’s stock valued at $33,000 after acquiring an additional 395 shares in the last quarter. Founders Financial Alliance LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the third quarter valued at about $36,000. Lavaca Capital LLC purchased a new stake in shares of Invesco S&P 500 Low Volatility ETF in the second quarter valued at about $59,000. AlphaCore Capital LLC lifted its position in shares of Invesco S&P 500 Low Volatility ETF by 313.0% during the second quarter. AlphaCore Capital LLC now owns 950 shares of the company’s stock valued at $69,000 after purchasing an additional 720 shares in the last quarter. Finally, Corundum Trust Company INC bought a new position in shares of Invesco S&P 500 Low Volatility ETF during the third quarter valued at about $73,000.

Invesco S&P 500 Low Volatility ETF Stock Performance

Shares of SPLV stock opened at $77.40 on Monday. Invesco S&P 500 Low Volatility ETF has a 52-week low of $67.13 and a 52-week high of $77.47. The company has a 50-day simple moving average of $73.54 and a two-hundred day simple moving average of $72.80. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62.

Invesco S&P 500 Low Volatility ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a $0.1346 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 2.1%.

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.