Royal Bank of Canada Has $32.36 Million Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Royal Bank of Canada decreased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 652,323 shares of the company’s stock after selling 17,215 shares during the period. Royal Bank of Canada owned 0.99% of Invesco S&P 500 High Dividend Low Volatility ETF worth $32,361,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPHD. AQR Capital Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter worth approximately $416,000. Jane Street Group LLC boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 234.3% during the first quarter. Jane Street Group LLC now owns 32,125 shares of the company’s stock worth $1,614,000 after acquiring an additional 22,515 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 15.8% during the second quarter. Baird Financial Group Inc. now owns 46,772 shares of the company’s stock worth $2,224,000 after acquiring an additional 6,390 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the second quarter worth $1,275,000. Finally, NewEdge Advisors LLC grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% in the 2nd quarter. NewEdge Advisors LLC now owns 115,283 shares of the company’s stock valued at $5,483,000 after buying an additional 1,260 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Performance

SPHD stock opened at $52.57 on Tuesday. The stock’s 50 day simple moving average is $51.32 and its 200 day simple moving average is $50.64. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $46.58 and a fifty-two week high of $54.04. The company has a market cap of $3.38 billion, a P/E ratio of 15.77 and a beta of 0.61.

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.