Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lowered its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 41.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 293,280 shares of the company’s stock after selling 207,004 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $13,022,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cookson Peirce & Co. Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.4% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 69,609 shares of the company’s stock worth $2,952,000 after acquiring an additional 2,930 shares during the period. Global Retirement Partners LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% during the fourth quarter. Global Retirement Partners LLC now owns 21,271 shares of the company’s stock worth $901,000 after buying an additional 1,262 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $127,000. Silver Oak Securities Incorporated boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 869.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 28,953 shares of the company’s stock worth $1,228,000 after buying an additional 25,965 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1.2% during the fourth quarter. Mutual Advisors LLC now owns 21,567 shares of the company’s stock worth $915,000 after buying an additional 261 shares in the last quarter.

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

NYSEARCA SPHD traded up $0.12 during mid-day trading on Friday, reaching $43.81. 921,733 shares of the stock were exchanged, compared to its average volume of 669,830. The business’s 50 day moving average is $43.30 and its 200-day moving average is $41.80. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $37.19 and a 1 year high of $44.49. The company has a market capitalization of $2.93 billion, a P/E ratio of 17.13 and a beta of 0.64.

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.