Optivise Advisory Services LLC Acquires Shares of 39,546 Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Optivise Advisory Services LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 39,546 shares of the company’s stock, valued at approximately $2,000,000. Invesco S&P 500 High Dividend Low Volatility ETF makes up approximately 1.1% of Optivise Advisory Services LLC’s holdings, making the stock its 19th biggest position.

Several other institutional investors also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% during the 3rd quarter. LPL Financial LLC now owns 1,925,125 shares of the company’s stock worth $97,354,000 after purchasing an additional 40,576 shares in the last quarter. Avidian Wealth Enterprises LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 435,514 shares of the company’s stock valued at $22,024,000 after acquiring an additional 2,638 shares in the last quarter. Raymond James & Associates increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 7.1% during the 2nd quarter. Raymond James & Associates now owns 376,271 shares of the company’s stock worth $16,718,000 after acquiring an additional 24,912 shares during the period. WESPAC Advisors SoCal LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $13,401,000. Finally, Shilanski & Associates Inc. grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.3% during the 2nd quarter. Shilanski & Associates Inc. now owns 217,503 shares of the company’s stock valued at $9,664,000 after purchasing an additional 2,719 shares in the last quarter.

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

Shares of SPHD stock opened at $51.14 on Friday. The company has a market capitalization of $3.41 billion, a PE ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $39.65 and a 52-week high of $51.26. The business’s fifty day moving average is $50.23 and its 200 day moving average is $47.58.

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.