LM Advisors LLC Cuts Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

LM Advisors LLC reduced its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 95.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,740 shares of the company’s stock after selling 53,863 shares during the period. LM Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $132,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Colonial River Investments LLC raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 0.7% during the fourth quarter. Colonial River Investments LLC now owns 30,901 shares of the company’s stock worth $1,483,000 after purchasing an additional 201 shares in the last quarter. Prairie Wealth Advisors Inc. raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.8% during the third quarter. Prairie Wealth Advisors Inc. now owns 7,829 shares of the company’s stock worth $387,000 after purchasing an additional 215 shares in the last quarter. Essex Financial Services Inc. grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2.3% during the fourth quarter. Essex Financial Services Inc. now owns 9,601 shares of the company’s stock worth $461,000 after buying an additional 218 shares during the period. Horizon Investments LLC grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 27.4% during the fourth quarter. Horizon Investments LLC now owns 1,133 shares of the company’s stock worth $54,000 after buying an additional 244 shares during the period. Finally, Orion Porfolio Solutions LLC grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the second quarter. Orion Porfolio Solutions LLC now owns 9,956 shares of the company’s stock worth $474,000 after buying an additional 258 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 1.1%

Shares of SPHD opened at $51.59 on Friday. The firm’s 50-day moving average is $49.83 and its two-hundred day moving average is $49.71. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $46.58 and a twelve month high of $53.07. The firm has a market capitalization of $3.40 billion, a P/E ratio of 15.77 and a beta of 0.61.

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.