Private Advisor Group LLC Raises Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Private Advisor Group LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 12.1% in the 1st quarter, Holdings Channel reports. The firm owned 362,812 shares of the company’s stock after purchasing an additional 39,223 shares during the period. Private Advisor Group LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $17,999,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPHD. Y Intercept Hong Kong Ltd purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter worth about $389,000. Patten Group Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 24.8% during the first quarter. Patten Group Inc. now owns 24,219 shares of the company’s stock valued at $1,201,000 after buying an additional 4,810 shares during the period. Essex Financial Services Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.6% during the first quarter. Essex Financial Services Inc. now owns 9,850 shares of the company’s stock valued at $489,000 after buying an additional 249 shares during the period. Continuum Advisory LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 8.6% in the first quarter. Continuum Advisory LLC now owns 6,238 shares of the company’s stock worth $309,000 after buying an additional 493 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 38.3% in the first quarter. Janney Montgomery Scott LLC now owns 231,627 shares of the company’s stock worth $11,491,000 after buying an additional 64,095 shares in the last quarter.

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

Shares of SPHD opened at $52.10 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $46.58 and a one year high of $53.07. The company has a 50-day simple moving average of $50.22 and a two-hundred day simple moving average of $50.01. The firm has a market capitalization of $3.39 billion, a PE ratio of 15.77 and a beta of 0.60.

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.