Avidian Wealth Enterprises LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 437,247 shares of the company’s stock, valued at approximately $21,067,000.
A number of other hedge funds have also recently made changes to their positions in SPHD. Global Assets Advisory LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth about $39,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $41,000. Robinswood Financial LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at approximately $47,000. JFS Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter valued at approximately $76,000. Finally, Compass Financial Management LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter worth $148,000.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.9%
NYSEARCA:SPHD traded up $0.44 during trading hours on Thursday, hitting $48.63. 529,027 shares of the company traded hands, compared to its average volume of 873,207. The firm’s 50-day simple moving average is $51.40 and its 200-day simple moving average is $50.78. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $46.58 and a one year high of $54.04. The company has a market cap of $3.19 billion, a PE ratio of 15.77 and a beta of 0.61.
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.
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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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