Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stake Decreased by Modern Wealth Management LLC

Posted by Casey Walker on Mar 28th, 2025

Modern Wealth Management LLC trimmed its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 30.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,614 shares of the company’s stock after selling 2,964 shares during the quarter. Modern Wealth Management LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $323,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPHD. Pathway Financial Advisers LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth approximately $29,000. Armstrong Advisory Group Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth approximately $34,000. Crews Bank & Trust bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at $101,000. Providence First Trust Co acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at $121,000. Finally, US Bancorp DE raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% in the 4th quarter. US Bancorp DE now owns 2,696 shares of the company’s stock worth $130,000 after buying an additional 306 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.1 %

Shares of SPHD stock opened at $49.68 on Friday. The stock has a 50-day simple moving average of $49.44 and a 200 day simple moving average of $49.65. The stock has a market capitalization of $3.47 billion, a P/E ratio of 18.96 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $42.03 and a fifty-two week high of $51.89.

Invesco S&P 500 High Dividend Low Volatility ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.1391 per share. The ex-dividend date of this dividend is Monday, March 24th.

About Invesco S&P 500 High Dividend Low Volatility ETF

(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.