Madrid Financial Services purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 181,000 shares of the company’s stock, valued at approximately $8,721,000. Invesco S&P 500 High Dividend Low Volatility ETF comprises about 5.1% of Madrid Financial Services’ investment portfolio, making the stock its 8th largest holding.
Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 1,317,728 shares of the company’s stock valued at $65,372,000 after purchasing an additional 32,306 shares during the period. Avidian Wealth Enterprises LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth $21,067,000. Cetera Investment Advisers increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the 1st quarter. Cetera Investment Advisers now owns 265,749 shares of the company’s stock worth $13,184,000 after buying an additional 7,070 shares during the period. XML Financial LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 5.9% during the 3rd quarter. XML Financial LLC now owns 246,549 shares of the company’s stock worth $11,879,000 after buying an additional 13,827 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $8,917,000.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Performance
SPHD opened at $52.22 on Friday. The stock has a fifty day moving average of $50.56 and a 200-day moving average of $50.85. The company has a market capitalization of $3.41 billion, a P/E ratio of 15.77 and a beta of 0.60. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $47.19 and a fifty-two week high of $54.04.
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.
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