Invesco S&P 500 High Dividend Low Volatility ETF $SPHD is Advocate Investing Services LLC’s 4th Largest Position

Advocate Investing Services LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 84.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 88,457 shares of the company’s stock after purchasing an additional 40,430 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for approximately 3.7% of Advocate Investing Services LLC’s holdings, making the stock its 4th biggest position. Advocate Investing Services LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $4,388,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPHD. AQR Capital Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth about $416,000. Jane Street Group LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 234.3% in the 1st quarter. Jane Street Group LLC now owns 32,125 shares of the company’s stock valued at $1,614,000 after purchasing an additional 22,515 shares in the last quarter. Baird Financial Group Inc. increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 15.8% during the 2nd quarter. Baird Financial Group Inc. now owns 46,772 shares of the company’s stock worth $2,224,000 after purchasing an additional 6,390 shares during the period. Qube Research & Technologies Ltd acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter worth approximately $1,275,000. Finally, NewEdge Advisors LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 115,283 shares of the company’s stock worth $5,483,000 after buying an additional 1,260 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 1.2%

Shares of SPHD stock opened at $51.71 on Friday. The stock has a 50 day simple moving average of $50.03 and a 200-day simple moving average of $49.88. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 15.77 and a beta of 0.61. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $46.58 and a 12-month 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.