Kowal Investment Group LLC Cuts Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Kowal Investment Group LLC cut its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1.7% during the first quarter, HoldingsChannel.com reports. The fund owned 56,846 shares of the company’s stock after selling 980 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF makes up 0.5% of Kowal Investment Group LLC’s portfolio, making the stock its 25th largest position. Kowal Investment Group LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $2,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Creekmur Asset Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at about $30,000. Sound Income Strategies LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at $42,000. Future Financial Wealth Managment LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at $49,000. Thompson Investment Management Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at $80,000. Finally, Cooksen Wealth LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at $92,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.6 %

SPHD stock traded down $0.28 during trading on Monday, hitting $44.15. The company had a trading volume of 262,896 shares, compared to its average volume of 584,757. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $37.19 and a fifty-two week high of $45.44. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The business has a 50 day moving average of $44.39 and a 200 day moving average of $43.26.

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.