Avidian Wealth Solutions LLC Decreases Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Avidian Wealth Solutions LLC lowered its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 20.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 355,972 shares of the company’s stock after selling 89,086 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF accounts for approximately 0.9% of Avidian Wealth Solutions LLC’s portfolio, making the stock its 22nd biggest holding. Avidian Wealth Solutions LLC owned approximately 0.46% of Invesco S&P 500 High Dividend Low Volatility ETF worth $15,097,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SPHD. Albion Financial Group UT purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $33,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth $42,000. Simplex Trading LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 212.2% during the 3rd quarter. Simplex Trading LLC now owns 1,305 shares of the company’s stock worth $51,000 after acquiring an additional 887 shares during the period. Aptus Capital Advisors LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 23.5% in the third quarter. Aptus Capital Advisors LLC now owns 1,698 shares of the company’s stock valued at $67,000 after purchasing an additional 323 shares during the period. Finally, Aspire Private Capital LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $76,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.3 %

SPHD stock traded up $0.12 during midday trading on Friday, hitting $43.81. 921,733 shares of the company’s stock were exchanged, compared to its average volume of 669,830. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $37.19 and a 1-year high of $44.49. The stock has a market capitalization of $2.93 billion, a PE ratio of 17.13 and a beta of 0.64. The business has a 50-day simple moving average of $43.30 and a two-hundred day simple moving average of $41.79.

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.