Allworth Financial LP Has $11.13 Million Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Allworth Financial LP lowered its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.2% in the fourth quarter, Holdings Channel reports. The firm owned 230,434 shares of the company’s stock after selling 5,253 shares during the quarter. Allworth Financial LP’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $11,132,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPHD. LPL Financial LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 1,925,125 shares of the company’s stock valued at $97,354,000 after acquiring an additional 40,576 shares during the period. Franklin Resources Inc. grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 674,688 shares of the company’s stock worth $33,977,000 after purchasing an additional 3,308 shares in the last quarter. Avidian Wealth Enterprises LLC grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 435,514 shares of the company’s stock worth $22,024,000 after buying an additional 2,638 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% during the 3rd quarter. Bank of Montreal Can now owns 328,211 shares of the company’s stock worth $16,539,000 after purchasing an additional 42,820 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock valued at $14,534,000 after buying an additional 4,476 shares during the period.

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

Shares of SPHD opened at $49.15 on Monday. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $41.33 and a one year high of $51.89. The firm has a 50 day simple moving average of $48.61 and a two-hundred day simple moving average of $49.36. The company has a market cap of $3.28 billion, a P/E ratio of 17.13 and a beta of 0.64.

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.