Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Short Interest Update

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,304,355 shares, a decrease of 21.5% from the February 26th total of 1,661,188 shares. Based on an average daily volume of 1,065,990 shares, the short-interest ratio is currently 1.2 days. Approximately 1.8% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Low Volatility ETF

A number of large investors have recently modified their holdings of SPHD. &PARTNERS boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1.7% in the 4th quarter. &PARTNERS now owns 11,531 shares of the company’s stock valued at $553,000 after purchasing an additional 197 shares during the period. Colonial River Investments LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 0.7% in the 4th quarter. Colonial River Investments LLC now owns 30,901 shares of the company’s stock worth $1,483,000 after buying an additional 201 shares during the last quarter. Code Waechter LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% in the 3rd quarter. Code Waechter LLC now owns 18,361 shares of the company’s stock worth $893,000 after acquiring an additional 206 shares during the last quarter. Prairie Wealth Advisors Inc. lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.8% in the third quarter. Prairie Wealth Advisors Inc. now owns 7,829 shares of the company’s stock worth $387,000 after purchasing an additional 215 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.3% during the 4th quarter. Essex Financial Services Inc. now owns 9,601 shares of the company’s stock valued at $461,000 after acquiring an additional 218 shares during the period.

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

Shares of NYSEARCA SPHD opened at $49.09 on Friday. The stock has a market capitalization of $3.55 billion, a PE ratio of 15.77 and a beta of 0.72. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $43.39 and a one year high of $53.07. The business’s fifty day moving average price is $50.76 and its 200-day moving average price is $49.22.

Invesco S&P 500 High Dividend Low Volatility ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a dividend of $0.2094 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, February 23rd. This is an increase from Invesco S&P 500 High Dividend Low Volatility ETF’s previous monthly dividend of $0.20.

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.