Capital Analysts LLC Lowers Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Capital Analysts LLC lessened its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 5.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,828 shares of the company’s stock after selling 774 shares during the quarter. Capital Analysts LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SPHD. HighTower Advisors LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.8% during the 1st quarter. HighTower Advisors LLC now owns 36,313 shares of the company’s stock valued at $1,714,000 after acquiring an additional 979 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 18.6% during the 1st quarter. Cetera Investment Advisers now owns 15,795 shares of the company’s stock valued at $746,000 after acquiring an additional 2,482 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 10.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 11,386 shares of the company’s stock valued at $538,000 after acquiring an additional 1,055 shares during the period. Mariner LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at approximately $728,000. Finally, Renaissance Technologies LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 104.8% during the 1st quarter. Renaissance Technologies LLC now owns 46,900 shares of the company’s stock valued at $2,214,000 after acquiring an additional 24,000 shares during the period.

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

SPHD stock opened at $42.09 on Wednesday. The firm has a 50 day moving average of $42.91 and a 200-day moving average of $41.40. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $37.19 and a 12-month high of $44.49. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 16.72 and a beta of 0.70.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.