LM Advisors LLC Lowers Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

LM Advisors LLC reduced its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1.7% in the fourth quarter, Holdings Channel reports. The firm owned 57,522 shares of the company’s stock after selling 979 shares during the period. LM Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $2,779,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% during the third quarter. Bank of Montreal Can now owns 328,211 shares of the company’s stock worth $16,539,000 after buying an additional 42,820 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.4% in the third quarter. CreativeOne Wealth LLC now owns 56,217 shares of the company’s stock worth $2,843,000 after purchasing an additional 752 shares during the last quarter. L.M. Kohn & Company raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 147.9% in the third quarter. L.M. Kohn & Company now owns 48,571 shares of the company’s stock valued at $2,456,000 after purchasing an additional 28,975 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter valued at approximately $2,162,000. Finally, Hilltop Holdings Inc. grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 37.6% in the third quarter. Hilltop Holdings Inc. now owns 9,874 shares of the company’s stock worth $499,000 after acquiring an additional 2,700 shares in the last quarter.

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

Shares of SPHD opened at $49.64 on Thursday. The firm has a market cap of $3.47 billion, a P/E ratio of 18.96 and a beta of 0.85. The stock has a 50 day simple moving average of $49.41 and a two-hundred day simple moving average of $49.65. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $42.03 and a 1 year high of $51.89.

Invesco S&P 500 High Dividend Low Volatility ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.1391 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Invesco S&P 500 High Dividend Low Volatility ETF 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.