LPL Financial LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 2.2% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,925,125 shares of the company’s stock after acquiring an additional 40,576 shares during the period. LPL Financial LLC owned approximately 2.88% of Invesco S&P 500 High Dividend Low Volatility ETF worth $97,354,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter worth $94,000. Waverly Advisors LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth about $1,160,000. B. Riley Wealth Advisors Inc. grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 4.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,483 shares of the company’s stock valued at $377,000 after purchasing an additional 365 shares in the last quarter. Consultiva Wealth Management CORP. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter worth approximately $236,000. Finally, Cetera Investment Advisers raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 100.8% in the 1st quarter. Cetera Investment Advisers now owns 190,241 shares of the company’s stock valued at $8,447,000 after purchasing an additional 95,476 shares in the last quarter.
Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.5 %
SPHD stock opened at $51.14 on Friday. The firm has a 50 day simple moving average of $50.25 and a 200-day simple moving average of $47.63. The company has a market capitalization of $3.41 billion, a P/E ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $39.65 and a twelve month high of $51.26.
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.
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