Financial Discovery Group Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) during the first quarter, Holdings Channel.com reports. The firm acquired 22,839 shares of the company’s stock, valued at approximately $1,133,000. Invesco S&P 500 High Dividend Low Volatility ETF makes up approximately 2.6% of Financial Discovery Group Inc.’s portfolio, making the stock its 11th biggest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Assets Advisory LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at about $39,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth about $41,000. Horizon Investments LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth about $44,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth about $68,000. Finally, Intesa Sanpaolo Wealth Management purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $79,000.
Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.6%
Shares of NYSEARCA SPHD opened at $52.87 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $46.58 and a fifty-two week high of $53.96. The business has a 50 day moving average price of $50.70 and a two-hundred day moving average price of $50.28. The firm has a market cap of $3.36 billion, a PE ratio of 15.77 and a beta of 0.61.
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.
See Also
- Five stocks we like better than Invesco S&P 500 High Dividend Low Volatility ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding SPHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report).
Receive News & Ratings for Invesco S&P 500 High Dividend Low Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 High Dividend Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.
