Bank of Montreal Can Trims Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Bank of Montreal Can cut its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 14.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 263,884 shares of the company’s stock after selling 43,561 shares during the quarter. Bank of Montreal Can’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $12,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Luminist Capital LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth $68,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 330.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,822 shares of the company’s stock worth $87,000 after buying an additional 1,399 shares in the last quarter. Crews Bank & Trust grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 22.1% during the second quarter. Crews Bank & Trust now owns 2,565 shares of the company’s stock worth $122,000 after buying an additional 465 shares in the last quarter. AE Wealth Management LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 18.7% in the 1st quarter. AE Wealth Management LLC now owns 2,915 shares of the company’s stock worth $146,000 after acquiring an additional 460 shares during the last quarter. Finally, Advisory Alpha LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter valued at about $201,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 1.4%

Shares of SPHD opened at $47.78 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $43.39 and a 12-month high of $51.89. The company has a market cap of $3.04 billion, a PE ratio of 15.77 and a beta of 0.72. The stock has a 50-day moving average price of $48.70 and a 200-day moving average price of $48.20.

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.