Ascentis Independent Advisors Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Ascentis Independent Advisors bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 29,886 shares of the company’s stock, valued at approximately $1,483,000.

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

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.9%

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $51.64 on Tuesday. 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. The company has a market capitalization of $3.36 billion, a PE ratio of 15.77 and a beta of 0.61. The stock’s fifty day simple moving average is $50.26 and its 200 day simple moving average is $50.05.

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.