IFP Advisors Inc Cuts Stake in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

IFP Advisors Inc lowered its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 6.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,577 shares of the company’s stock after selling 235 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $170,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 22.0% in the 1st quarter. LPL Financial LLC now owns 2,779,602 shares of the company’s stock worth $139,619,000 after acquiring an additional 500,835 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 61.7% during the 1st quarter. Ameriprise Financial Inc. now owns 1,138,820 shares of the company’s stock valued at $57,204,000 after acquiring an additional 434,526 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 41.9% in the first quarter. Commonwealth Equity Services LLC now owns 419,999 shares of the company’s stock worth $21,097,000 after buying an additional 123,979 shares during the last quarter. Signal Advisors Wealth LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 886.5% in the second quarter. Signal Advisors Wealth LLC now owns 116,096 shares of the company’s stock worth $5,522,000 after buying an additional 104,327 shares during the last quarter. Finally, Aurora Private Wealth Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth approximately $5,023,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.9%

NYSEARCA SPHD opened at $48.58 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $43.39 and a 12 month high of $51.89. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85. The company’s 50 day moving average is $49.00 and its two-hundred day moving average is $48.04.

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.