LPL Financial LLC Acquires 353,642 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

LPL Financial LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,278,767 shares of the company’s stock after buying an additional 353,642 shares during the period. LPL Financial LLC owned approximately 3.41% of Invesco S&P 500 High Dividend Low Volatility ETF worth $110,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. US Bancorp DE raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% in the 4th quarter. US Bancorp DE now owns 2,696 shares of the company’s stock valued at $130,000 after buying an additional 306 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 12.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,133 shares of the company’s stock valued at $924,000 after purchasing an additional 2,161 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 4.3% during the fourth 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 during the last quarter. JPMorgan Chase & Co. lifted its stake in 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 worth $14,534,000 after purchasing an additional 4,476 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.0% in the 4th quarter. Sanctuary Advisors LLC now owns 94,834 shares of the company’s stock valued at $4,638,000 after purchasing an additional 7,001 shares in the last quarter.

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

Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $49.17 on Wednesday. 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 stock has a market capitalization of $3.43 billion, a P/E ratio of 18.96 and a beta of 0.85. The stock has a fifty day moving average of $49.38 and a 200-day moving average of $49.65.

Invesco S&P 500 High Dividend Low Volatility ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.1391 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.