Fortune Financial Group Inc. Buys New Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Fortune Financial Group Inc. bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHDFree Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 68,037 shares of the company’s stock, valued at approximately $3,266,000. Invesco S&P 500 High Dividend Low Volatility ETF accounts for 3.3% of Fortune Financial Group Inc.’s holdings, making the stock its 7th biggest position. Fortune Financial Group Inc. owned 0.09% of Invesco S&P 500 High Dividend Low Volatility ETF as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Horizon Investments LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at about $44,000. Bessemer Group Inc. raised its holdings 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 buying an additional 625 shares during the period. MAI Capital Management raised its holdings in shares of 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 position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at about $68,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $81,000.

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

NYSEARCA:SPHD opened at $50.97 on Thursday. The firm has a 50-day moving average of $49.76 and a two-hundred day moving average of $49.68. The stock has a market cap of $3.36 billion, a P/E ratio of 15.77 and a beta of 0.61. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $46.58 and a 1-year high of $53.07.

About Invesco S&P 500 High Dividend Low Volatility ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

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