Truist Financial Corp Lowers Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Truist Financial Corp lowered its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 9.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,612 shares of the company’s stock after selling 11,709 shares during the quarter. Truist Financial Corp owned about 0.19% of Invesco S&P 500 High Dividend Low Volatility ETF worth $5,597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Prairie Wealth Advisors Inc. grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.8% during the third quarter. Prairie Wealth Advisors Inc. now owns 7,829 shares of the company’s stock worth $387,000 after buying an additional 215 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 27.4% during the fourth quarter. Horizon Investments LLC now owns 1,133 shares of the company’s stock worth $54,000 after buying an additional 244 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.1% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 12,558 shares of the company’s stock worth $621,000 after buying an additional 254 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the second quarter. Orion Porfolio Solutions LLC now owns 9,956 shares of the company’s stock worth $474,000 after buying an additional 258 shares during the last quarter. Finally, N.E.W. Advisory Services LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7.6% during the third quarter. N.E.W. Advisory Services LLC now owns 3,665 shares of the company’s stock worth $181,000 after buying an additional 259 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.4%

Shares of SPHD opened at $49.59 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $46.38 and a twelve month high of $53.07. The stock’s 50 day moving average is $50.04 and its two-hundred day moving average is $49.35. The firm has a market capitalization of $3.26 billion, a PE ratio of 15.77 and a beta of 0.62.

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.