Prairie Wealth Advisors Inc. Boosts Stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Prairie Wealth Advisors Inc. grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,839 shares of the company’s stock after buying an additional 919 shares during the period. Prairie Wealth Advisors Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $330,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SPHD. Janney Montgomery Scott LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 4.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 160,632 shares of the company’s stock worth $7,760,000 after purchasing an additional 6,623 shares in the last quarter. Creative Planning raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% in the second quarter. Creative Planning now owns 8,486 shares of the company’s stock valued at $377,000 after buying an additional 3,285 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% during the third quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock valued at $14,534,000 after buying an additional 4,476 shares during the period. SteelPeak Wealth LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth $1,103,000. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 64.6% during the third quarter. Koshinski Asset Management Inc. now owns 8,042 shares of the company’s stock worth $407,000 after purchasing an additional 3,156 shares during the last quarter.

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

Shares of SPHD stock opened at $48.80 on Friday. The firm’s 50-day simple moving average is $48.89 and its 200-day simple moving average is $49.23. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $40.84 and a 1-year high of $51.89. The firm has a market cap of $3.26 billion, a P/E ratio of 17.13 and a beta of 0.64.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.