Tyche Wealth Partners LLC Has $2.03 Million Stake in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Tyche Wealth Partners LLC lowered its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.2% in the second quarter, Holdings Channel.com reports. The firm owned 42,756 shares of the company’s stock after selling 1,854 shares during the period. Tyche Wealth Partners LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $2,033,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. McLean Asset Management Corp boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% in the 2nd quarter. McLean Asset Management Corp now owns 19,653 shares of the company’s stock worth $956,000 after buying an additional 219 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% in the 2nd quarter. Parallel Advisors LLC now owns 24,187 shares of the company’s stock worth $1,150,000 after buying an additional 221 shares during the last quarter. Lynx Investment Advisory boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the 1st quarter. Lynx Investment Advisory now owns 39,875 shares of the company’s stock worth $2,003,000 after buying an additional 226 shares during the last quarter. AlphaStar Capital Management LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% in the 1st quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock worth $800,000 after buying an additional 236 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 16,281 shares of the company’s stock worth $818,000 after buying an additional 276 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 1.0%

Shares of NYSEARCA SPHD opened at $49.24 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $43.39 and a twelve month high of $51.89. The stock’s 50 day moving average price is $48.91 and its 200-day moving average price is $48.09. The company has a market capitalization of $3.17 billion, a PE ratio of 15.77 and a beta of 0.85.

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.