Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Short Interest Update

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,760,351 shares, an increase of 34.6% from the January 15th total of 1,307,414 shares. Based on an average daily volume of 933,435 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.4% of the shares of the company are short sold. Currently, 2.4% of the shares of the company are short sold. Based on an average daily volume of 933,435 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Low Volatility ETF

Several institutional investors have recently bought and sold shares of the company. Horizon Investments LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $44,000. Bessemer Group Inc. lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% in the third quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares in the last quarter. MAI Capital Management boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% during the third quarter. MAI Capital Management now owns 1,223 shares of the company’s stock valued at $60,000 after acquiring an additional 579 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth about $68,000. Finally, Intesa Sanpaolo Wealth Management acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $79,000.

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

Shares of NYSEARCA:SPHD traded up $0.55 on Friday, reaching $52.63. The company’s stock had a trading volume of 1,196,298 shares, compared to its average volume of 1,050,280. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $43.39 and a 52-week high of $52.81. The stock has a market capitalization of $3.81 billion, a P/E ratio of 15.77 and a beta of 0.72. The stock’s 50-day moving average is $49.18 and its two-hundred day moving average is $48.76.

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

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.2027 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.