Silver Oak Securities Incorporated Reduces Stake in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Silver Oak Securities Incorporated reduced its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 96.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,350 shares of the company’s stock after selling 38,859 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $65,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Horizon Investments LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at approximately $44,000. Bessemer Group Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% during the 3rd quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares during the last quarter. MAI Capital Management raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% during the 3rd quarter. MAI Capital Management now owns 1,223 shares of the company’s stock valued at $60,000 after buying an additional 579 shares during the period. Pin Oak Investment Advisors Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at $68,000. Finally, Root Financial Partners LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $94,000.

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

NYSEARCA SPHD opened at $49.60 on Friday. The company has a fifty day moving average of $50.79 and a two-hundred day moving average of $49.23. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 15.77 and a beta of 0.72. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $43.39 and a 52 week high of $53.07.

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.