Oppenheimer & Co. Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 89,134 shares of the company’s stock, valued at approximately $4,294,000.
Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% during the 1st quarter. Bank of America Corp DE now owns 1,317,728 shares of the company’s stock worth $65,372,000 after acquiring an additional 32,306 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at about $21,067,000. Private Advisor Group LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.1% in the 1st quarter. Private Advisor Group LLC now owns 362,812 shares of the company’s stock valued at $17,999,000 after purchasing an additional 39,223 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% in the 1st quarter. Cetera Investment Advisers now owns 265,749 shares of the company’s stock worth $13,184,000 after purchasing an additional 7,070 shares during the period. Finally, XML Financial LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 3.6% in the 2nd quarter. XML Financial LLC now owns 232,722 shares of the company’s stock worth $11,832,000 after purchasing an additional 8,031 shares during the period.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Performance
NYSEARCA SPHD opened at $51.63 on Friday. The firm’s 50 day moving average price is $50.66 and its 200-day moving average price is $50.75. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $46.58 and a 52-week high of $54.04. The company has a market cap of $3.37 billion, a PE ratio of 15.77 and a beta of 0.61.
Invesco S&P 500 High Dividend Low Volatility ETF Company 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.
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