Prostatis Group LLC Has $4.66 Million Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Prostatis Group LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1,027.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94,250 shares of the company’s stock after acquiring an additional 85,887 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for approximately 1.2% of Prostatis Group LLC’s investment portfolio, making the stock its 21st largest position. Prostatis Group LLC owned 0.15% of Invesco S&P 500 High Dividend Low Volatility ETF worth $4,661,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth $416,000. Jane Street Group LLC raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 234.3% in the 1st quarter. Jane Street Group LLC now owns 32,125 shares of the company’s stock valued at $1,614,000 after buying an additional 22,515 shares during the last quarter. Eagle Strategies LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 18.5% during the 2nd quarter. Eagle Strategies LLC now owns 8,635 shares of the company’s stock worth $411,000 after buying an additional 1,350 shares during the period. WMG Financial Advisors LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the 2nd quarter. WMG Financial Advisors LLC now owns 9,348 shares of the company’s stock worth $445,000 after acquiring an additional 245 shares during the last quarter. Finally, Lmcg Investments LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 13.0% in the 2nd quarter. Lmcg Investments LLC now owns 73,783 shares of the company’s stock valued at $3,509,000 after acquiring an additional 8,481 shares during the period.

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

Shares of NYSEARCA:SPHD opened at $50.28 on Monday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $43.39 and a 12-month high of $51.60. The firm has a market cap of $3.14 billion, a P/E ratio of 15.77 and a beta of 0.72. The business has a fifty day simple moving average of $48.51 and a 200 day simple moving average of $48.56.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a dividend of $0.2027 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 4.8%.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.