Brookstone Capital Management Has $104.86 Million Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Brookstone Capital Management grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1,677.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,113,628 shares of the company’s stock after purchasing an additional 1,994,704 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF comprises about 1.2% of Brookstone Capital Management’s portfolio, making the stock its 8th biggest holding. Brookstone Capital Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $104,857,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at $41,000. Horizon Investments LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $44,000. MAI Capital Management raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% during the third quarter. MAI Capital Management now owns 1,223 shares of the company’s stock worth $60,000 after acquiring an additional 579 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $68,000. Finally, Intesa Sanpaolo Wealth Management bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth $79,000.

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

Shares of SPHD opened at $49.95 on Monday. The company has a market cap of $3.29 billion, a PE ratio of 15.77 and a beta of 0.61. The firm has a 50-day moving average of $49.91 and a 200-day moving average of $49.80. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $46.58 and a one year high of $53.07.

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.