NewEdge Advisors LLC Purchases 33,139 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

NewEdge Advisors LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 27.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,964 shares of the company’s stock after buying an additional 33,139 shares during the quarter. NewEdge Advisors LLC owned approximately 0.23% of Invesco S&P 500 High Dividend Low Volatility ETF worth $7,638,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SPHD. Financial Solutions Advisory Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth approximately $1,685,000. Summit Financial Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.6% in the 1st quarter. Summit Financial Wealth Advisors LLC now owns 25,210 shares of the company’s stock worth $1,251,000 after purchasing an additional 628 shares during the period. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 1,317,728 shares of the company’s stock worth $65,372,000 after purchasing an additional 32,306 shares during the period. Financial Insights Inc. boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.0% in the 1st quarter. Financial Insights Inc. now owns 12,350 shares of the company’s stock valued at $613,000 after purchasing an additional 700 shares during the last quarter. Finally, Talon Private Wealth LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth $432,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.4%

Shares of SPHD opened at $52.41 on Tuesday. The firm’s fifty day simple moving average is $51.58 and its two-hundred day simple moving average is $50.75. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $46.58 and a 12 month high of $54.04. The stock has a market capitalization of $3.37 billion, a P/E ratio of 15.77 and a beta of 0.60.

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.