Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Sees Significant Decrease in Short Interest

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 348,225 shares, a decrease of 41.9% from the September 15th total of 599,370 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 1,200,312 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SPHD. Global Assets Advisory LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at $39,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth about $41,000. Robinswood Financial LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth about $47,000. JFS Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 2nd quarter worth about $76,000. Finally, Compass Financial Management LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 2nd quarter worth about $148,000.

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

Invesco S&P 500 High Dividend Low Volatility ETF stock traded up $0.49 during trading on Thursday, hitting $50.05. The company’s stock had a trading volume of 1,428,470 shares, compared to its average volume of 891,484. The stock’s fifty day moving average is $51.07 and its 200 day moving average is $50.79. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $46.58 and a 1-year high of $54.04. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 15.77 and a beta of 0.61.

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

(Get Free Report)

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.

Further Reading

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