Corient Private Wealth LLC Takes $601,000 Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Corient Private Wealth LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,512 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors have also made changes to their positions in the stock. Taylor Securities Services Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $206,000. Sunbelt Securities Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 9.2% in the fourth quarter. Sunbelt Securities Inc. now owns 18,059 shares of the company’s stock worth $867,000 after purchasing an additional 1,523 shares during the period. Axxcess Wealth Management LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 97.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 60,343 shares of the company’s stock valued at $2,896,000 after purchasing an additional 29,765 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $363,000. Finally, NewEdge Advisors LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.2% during the fourth quarter. NewEdge Advisors LLC now owns 120,825 shares of the company’s stock worth $5,800,000 after purchasing an additional 1,382 shares during the period.

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

SPHD opened at $52.10 on Friday. The stock has a market capitalization of $3.39 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 twelve month low of $46.58 and a twelve month high of $53.07. The company has a 50-day simple moving average of $50.22 and a 200 day simple moving average of $50.01.

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.