Optivise Advisory Services LLC Takes Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Optivise Advisory Services LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 39,546 shares of the company’s stock, valued at approximately $2,000,000. Invesco S&P 500 High Dividend Low Volatility ETF comprises about 1.1% of Optivise Advisory Services LLC’s holdings, making the stock its 19th largest position. Optivise Advisory Services LLC owned 0.06% of Invesco S&P 500 High Dividend Low Volatility ETF at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Pathway Financial Advisers LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after acquiring an additional 499 shares in the last quarter. Castleview Partners LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% in the third quarter. Castleview Partners LLC now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 589 shares in the last quarter. Hantz Financial Services Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter worth about $52,000. Finally, Future Financial Wealth Managment LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth approximately $56,000.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $51.14 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $39.65 and a 52 week high of $51.26. The stock has a 50 day moving average price of $50.23 and a two-hundred day moving average price of $47.58. The stock has a market capitalization of $3.41 billion, a PE ratio of 17.13 and a beta of 0.64.

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.