David Kennon Inc Decreases Stake in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

David Kennon Inc lowered its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 62,632 shares of the company’s stock after selling 1,782 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF comprises approximately 1.1% of David Kennon Inc’s holdings, making the stock its 20th largest holding. David Kennon Inc owned approximately 0.10% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,979,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McLean Asset Management Corp raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% in the 2nd quarter. McLean Asset Management Corp now owns 19,653 shares of the company’s stock valued at $956,000 after purchasing an additional 219 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% during the 2nd quarter. Parallel Advisors LLC now owns 24,187 shares of the company’s stock valued at $1,150,000 after acquiring an additional 221 shares in the last quarter. Lynx Investment Advisory increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the first quarter. Lynx Investment Advisory now owns 39,875 shares of the company’s stock worth $2,003,000 after buying an additional 226 shares during the period. AlphaStar Capital Management LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% in the first quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock worth $800,000 after buying an additional 236 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.7% in the first quarter. Koshinski Asset Management Inc. now owns 16,281 shares of the company’s stock worth $818,000 after purchasing an additional 276 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.9%

Shares of SPHD stock opened at $49.01 on Friday. The stock has a 50-day simple moving average of $48.83 and a 200 day simple moving average of $48.13. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $43.39 and a fifty-two week high of $51.89. The stock has a market capitalization of $3.16 billion, a P/E ratio of 15.77 and a beta of 0.85.

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.