Brookstone Capital Management Lowers Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Brookstone Capital Management reduced its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,924 shares of the company’s stock after selling 21,372 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $5,708,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Two Sigma Investments LP bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $34,348,000. Foguth Wealth Management LLC. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth $8,947,000. Prostatis Group LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1,027.0% in the third quarter. Prostatis Group LLC now owns 94,250 shares of the company’s stock worth $4,661,000 after acquiring an additional 85,887 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 797.2% in the second quarter. BNP Paribas Financial Markets now owns 90,036 shares of the company’s stock worth $4,282,000 after acquiring an additional 80,001 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 10.3% during the second quarter. Raymond James Financial Inc. now owns 755,806 shares of the company’s stock valued at $35,946,000 after acquiring an additional 70,284 shares in the last quarter.

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

SPHD opened at $49.43 on Thursday. The stock has a 50-day moving average price of $50.78 and a 200-day moving average price of $49.22. The firm has a market cap of $3.58 billion, a PE ratio of 15.77 and a beta of 0.72. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $43.39 and a 1 year high of $53.07.

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

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

Invesco S&P 500 High Dividend Low Volatility ETF 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.