Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by RDA Financial Network

RDA Financial Network lessened its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,587 shares of the company’s stock after selling 1,325 shares during the quarter. RDA Financial Network’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,395,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pathway Financial Advisers LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock worth $28,000 after acquiring an additional 499 shares during the period. Creekmur Asset Management LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $30,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at approximately $49,000. Finally, Hantz Financial Services Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter worth $52,000.

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

SPHD traded up $0.25 during trading hours on Tuesday, reaching $50.61. 398,579 shares of the stock traded hands, compared to its average volume of 675,301. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $37.19 and a fifty-two week high of $51.03. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The firm’s fifty day simple moving average is $49.33 and its two-hundred day simple moving average is $46.29.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.