Patten & Patten Inc. TN Trims Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Patten & Patten Inc. TN lessened its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 0.8% during the second quarter, Holdings Channel reports. The firm owned 28,650 shares of the company’s stock after selling 225 shares during the quarter. Patten & Patten Inc. TN’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,363,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SPHD. McLean Asset Management Corp boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the 2nd quarter. McLean Asset Management Corp now owns 19,653 shares of the company’s stock valued at $956,000 after acquiring an additional 219 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% in the 2nd quarter. Parallel Advisors LLC now owns 24,187 shares of the company’s stock worth $1,150,000 after purchasing an additional 221 shares in the last quarter. Lynx Investment Advisory boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the 1st quarter. Lynx Investment Advisory now owns 39,875 shares of the company’s stock worth $2,003,000 after purchasing an additional 226 shares in the last quarter. AlphaStar Capital Management LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% in the 1st quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock worth $800,000 after purchasing an additional 236 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% in the 2nd quarter. WMG Financial Advisors LLC now owns 9,348 shares of the company’s stock worth $445,000 after purchasing an additional 245 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 1.1%

Shares of SPHD opened at $48.17 on Friday. The business’s 50 day moving average price is $48.99 and its 200-day moving average price is $48.05. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $43.39 and a 52 week high of $51.89. The stock has a market cap of $3.09 billion, a P/E ratio of 15.77 and a beta of 0.85.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.