PFG Investments LLC grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 5.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,037 shares of the company’s stock after buying an additional 574 shares during the period. PFG Investments LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $605,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 18.4% during the 4th quarter. LPL Financial LLC now owns 2,278,767 shares of the company’s stock valued at $110,087,000 after buying an additional 353,642 shares in the last quarter. Bank of America Corp DE raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 1,136,780 shares of the company’s stock worth $54,918,000 after purchasing an additional 14,506 shares during the period. Royal Bank of Canada raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% in the 4th quarter. Royal Bank of Canada now owns 1,131,229 shares of the company’s stock worth $54,650,000 after purchasing an additional 16,632 shares during the period. Ameriprise Financial Inc. raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 20.4% in the 4th quarter. Ameriprise Financial Inc. now owns 704,294 shares of the company’s stock worth $34,023,000 after purchasing an additional 119,542 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth $28,987,000.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.5%
Shares of NYSEARCA:SPHD opened at $47.38 on Tuesday. The stock has a market cap of $3.19 billion, a PE ratio of 17.83 and a beta of 0.71. The company’s fifty day moving average is $47.31 and its 200 day moving average is $48.27. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $43.39 and a 52 week high of $51.89.
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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