Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 0.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,705 shares of the company’s stock after selling 945 shares during the quarter. Stifel Financial Corp owned about 0.18% of Invesco S&P 500 High Dividend Low Volatility ETF worth $6,155,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. WESPAC Advisors SoCal LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth $13,401,000. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 2nd quarter worth $3,732,000. Private Advisor Group LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 49.5% in the 3rd quarter. Private Advisor Group LLC now owns 176,048 shares of the company’s stock worth $8,903,000 after acquiring an additional 58,298 shares during the last quarter. Pinnacle Wealth Management Group Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth $2,857,000. Finally, Bank of Montreal Can raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% in 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 last quarter.

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

Shares of SPHD stock opened at $49.41 on Friday. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The business has a fifty day moving average of $50.39 and a 200 day moving average of $48.20. 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.

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.