IFP Advisors Inc Acquires 2,136 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

IFP Advisors Inc raised its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 116.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,974 shares of the company’s stock after acquiring an additional 2,136 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $192,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 5.1% in the fourth quarter. Wealthspire Advisors LLC now owns 14,639 shares of the company’s stock valued at $707,000 after acquiring an additional 711 shares during the period. Cowa LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 4.8% in the fourth quarter. Cowa LLC now owns 13,478 shares of the company’s stock valued at $651,000 after acquiring an additional 620 shares during the period. Private Advisor Group LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% in the fourth quarter. Private Advisor Group LLC now owns 187,642 shares of the company’s stock valued at $9,065,000 after acquiring an additional 11,594 shares during the period. Global Retirement Partners LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.9% in the fourth quarter. Global Retirement Partners LLC now owns 14,767 shares of the company’s stock valued at $713,000 after acquiring an additional 423 shares during the period. Finally, Atlas Legacy Advisors LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $2,097,000.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $50.59 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $42.03 and a 52 week high of $51.89. The stock has a 50 day moving average price of $48.84 and a two-hundred day moving average price of $49.56. The stock has a market capitalization of $3.47 billion, a PE ratio of 19.48 and a beta of 0.87.

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.