Essex Financial Services Inc. Sells 862 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Essex Financial Services Inc. cut its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 9.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,822 shares of the company’s stock after selling 862 shares during the quarter. Essex Financial Services Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $378,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. AlphaStar Capital Management LLC grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.8% during the 4th quarter. AlphaStar Capital Management LLC now owns 15,693 shares of the company’s stock valued at $758,000 after acquiring an additional 999 shares during the period. Kingsview Wealth Management LLC grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1,712.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 80,522 shares of the company’s stock valued at $3,890,000 after acquiring an additional 76,080 shares during the period. Apollon Financial LLC boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 50.6% in the 4th quarter. Apollon Financial LLC now owns 10,274 shares of the company’s stock worth $496,000 after purchasing an additional 3,450 shares during the period. Realta Investment Advisors boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 74.4% in the 4th quarter. Realta Investment Advisors now owns 8,474 shares of the company’s stock worth $411,000 after purchasing an additional 3,616 shares during the period. Finally, Prairie Wealth Advisors Inc. boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 15.5% in the 4th quarter. Prairie Wealth Advisors Inc. now owns 6,839 shares of the company’s stock worth $330,000 after purchasing an additional 919 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Price Performance

SPHD stock opened at $49.31 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $41.01 and a 1-year high of $51.89. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The business has a 50 day simple moving average of $48.66 and a two-hundred day simple moving average of $49.32.

Invesco S&P 500 High Dividend Low Volatility ETF Profile

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco.