Spire Wealth Management Sells 3,774 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Spire Wealth Management trimmed its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 28.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,306 shares of the company’s stock after selling 3,774 shares during the quarter. Spire Wealth Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $443,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SPHD. Luminist Capital LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at approximately $68,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 330.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,822 shares of the company’s stock valued at $87,000 after acquiring an additional 1,399 shares during the last quarter. Cooksen Wealth LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at approximately $109,000. Crews Bank & Trust increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 22.1% in the second quarter. Crews Bank & Trust now owns 2,565 shares of the company’s stock valued at $122,000 after acquiring an additional 465 shares during the last quarter. Finally, AE Wealth Management LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 18.7% in the first quarter. AE Wealth Management LLC now owns 2,915 shares of the company’s stock valued at $146,000 after acquiring an additional 460 shares during the last quarter.

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

Shares of NYSEARCA:SPHD opened at $47.32 on Monday. 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 stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 15.77 and a beta of 0.72. The company’s 50 day simple moving average is $48.91 and its 200 day simple moving average is $48.20.

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.