Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stock Short Interest Report for October

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 706,560 shares, a growth of 102.9% from the September 30th total of 348,225 shares. Based on an average daily trading volume, of 1,365,382 shares, the short-interest ratio is presently 0.5 days. Approximately 1.1% of the company’s stock are sold short.

Institutional Trading of Invesco S&P 500 High Dividend Low Volatility ETF

A number of large investors have recently modified their holdings of SPHD. Pathway Financial Advisers LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at about $28,000. Kestra Private Wealth Services LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth approximately $409,000. Integrity Alliance LLC. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth $315,000. XML Financial LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.9% in the third quarter. XML Financial LLC now owns 246,549 shares of the company’s stock valued at $11,879,000 after buying an additional 13,827 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $270,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.7%

Shares of NYSEARCA:SPHD traded up $0.38 on Friday, hitting $52.01. The company had a trading volume of 1,705,466 shares, compared to its average volume of 911,949. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $46.58 and a 1-year high of $54.04. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 15.77 and a beta of 0.61. The stock has a 50 day moving average price of $50.63 and a 200 day moving average price of $50.77.

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.