Meritage Portfolio Management reduced its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,165 shares of the company’s stock after selling 1,882 shares during the period. Meritage Portfolio Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,264,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of SPHD. Fourpath Capital Management LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $13,805,000. WESPAC Advisors SoCal LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth $13,401,000. Private Advisor Group LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 49.5% during the third quarter. Private Advisor Group LLC now owns 176,048 shares of the company’s stock worth $8,903,000 after purchasing an additional 58,298 shares during the last quarter. Pinnacle Wealth Management Group Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $2,857,000. Finally, SteelPeak Wealth LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 243.5% in the fourth quarter. SteelPeak Wealth LLC now owns 74,906 shares of the company’s stock valued at $3,619,000 after purchasing an additional 53,100 shares during the period.
Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.5 %
NYSEARCA SPHD opened at $48.84 on Thursday. The business’s 50-day moving average price is $48.95 and its 200 day moving average price is $49.24. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $40.84 and a twelve month high of $51.89. The company has a market capitalization of $3.26 billion, a PE ratio of 17.13 and a beta of 0.64.
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.
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