Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 99.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,005 shares of the company’s stock after purchasing an additional 7,963 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPHD. WESPAC Advisors SoCal LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $13,401,000. Sanctuary Advisors LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at approximately $3,732,000. Private Advisor Group LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 49.5% during the 3rd quarter. Private Advisor Group LLC now owns 176,048 shares of the company’s stock valued at $8,903,000 after purchasing an additional 58,298 shares during the period. Pinnacle Wealth Management Group Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $2,857,000. Finally, Bank of Montreal Can boosted its position in 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 acquiring an additional 42,820 shares during the period.

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

Shares of SPHD stock opened at $48.31 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $40.84 and a 1 year high of $51.89. The stock has a fifty day moving average of $49.31 and a two-hundred day moving average of $49.02. The firm has a market capitalization of $3.23 billion, a PE ratio of 17.13 and a beta of 0.64.

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.