Thoroughbred Financial Services LLC Acquires New Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (SPHD)

Thoroughbred Financial Services LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the first quarter, HoldingsChannel reports. The institutional investor acquired 22,890 shares of the company’s stock, valued at approximately $972,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHD. Clarfeld Financial Advisors LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $44,000. Benjamin F. Edwards & Company Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $51,000. Stone House Investment Management LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at about $52,000. Kings Point Capital Management acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $56,000. Finally, Exane Derivatives grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 20.3% in the fourth quarter. Exane Derivatives now owns 2,044 shares of the company’s stock valued at $78,000 after acquiring an additional 345 shares during the period.

NYSEARCA:SPHD traded up $0.34 on Thursday, reaching $42.31. The company’s stock had a trading volume of 6,166 shares, compared to its average volume of 760,245. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $36.16 and a 1-year high of $43.42.

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd were paid a $0.1479 dividend. This represents a $1.77 dividend on an annualized basis and a yield of 4.19%. This is a boost from Invesco S&P 500 High Dividend Low Volatility ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 22nd.

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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).

Institutional Ownership by Quarter for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

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