Avantax Advisory Services Inc. Cuts Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Avantax Advisory Services Inc. cut its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,412 shares of the company’s stock after selling 1,872 shares during the quarter. Avantax Advisory Services Inc. owned about 0.06% of Invesco S&P 500 High Dividend Low Volatility ETF worth $1,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Analysts LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 17.0% in the 4th quarter. Capital Analysts LLC now owns 1,532 shares of the company’s stock valued at $74,000 after buying an additional 223 shares during the period. AlphaStar Capital Management LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% in the 1st quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock valued at $800,000 after buying an additional 236 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 16,281 shares of the company’s stock valued at $818,000 after purchasing an additional 276 shares in the last quarter. Mariner LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.4% in the 4th quarter. Mariner LLC now owns 65,976 shares of the company’s stock valued at $3,187,000 after purchasing an additional 277 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the 1st quarter. DAVENPORT & Co LLC now owns 18,816 shares of the company’s stock valued at $945,000 after purchasing an additional 297 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 1.0%

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $48.07 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $43.39 and a twelve month high of $51.89. The business has a 50-day moving average price of $47.86 and a 200 day moving average price of $48.24. The firm has a market cap of $3.11 billion, a PE ratio of 15.77 and a beta of 0.85.

Invesco S&P 500 High Dividend Low Volatility ETF 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.