Investors Research Corp reduced its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 5.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,088 shares of the company’s stock after selling 808 shares during the period. Investors Research Corp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $729,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SPHD. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $28,987,000. Fourpath Capital Management LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $13,805,000. WESPAC Advisors SoCal LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth about $13,401,000. Kingsview Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1,712.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 80,522 shares of the company’s stock worth $3,890,000 after buying an additional 76,080 shares during the last quarter. Finally, Sovran Advisors LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $3,163,000.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 1.7 %
NYSEARCA SPHD opened at $50.58 on Monday. The company has a market cap of $3.47 billion, a PE ratio of 19.48 and a beta of 0.87. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $42.03 and a 52 week high of $51.89. The firm’s 50-day simple moving average is $48.95 and its two-hundred day simple moving average is $49.61.
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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Want to see what other hedge funds are holding SPHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report).
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