Franklin Resources Inc. Purchases 36,344 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Franklin Resources Inc. increased its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 5.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 703,661 shares of the company’s stock after purchasing an additional 36,344 shares during the quarter. Franklin Resources Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $33,466,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 61.7% in the 1st quarter. Ameriprise Financial Inc. now owns 1,138,820 shares of the company’s stock valued at $57,204,000 after buying an additional 434,526 shares in the last quarter. BTS Asset Management Inc. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the second quarter valued at about $10,190,000. Commonwealth Equity Services LLC raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 41.9% in the first quarter. Commonwealth Equity Services LLC now owns 419,999 shares of the company’s stock worth $21,097,000 after purchasing an additional 123,979 shares in the last quarter. Signal Advisors Wealth LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 886.5% during the second quarter. Signal Advisors Wealth LLC now owns 116,096 shares of the company’s stock worth $5,522,000 after purchasing an additional 104,327 shares during the period. Finally, Prostatis Group LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 154.7% during the first quarter. Prostatis Group LLC now owns 160,575 shares of the company’s stock worth $8,066,000 after purchasing an additional 97,536 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.4%

SPHD stock opened at $48.40 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $43.39 and a 1-year high of $51.89. The business’s 50 day moving average is $48.37 and its 200-day moving average is $48.26. The firm has a market cap of $3.08 billion, a P/E ratio of 15.77 and a beta of 0.72.

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.