Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 674,688 shares of the company’s stock after acquiring an additional 3,308 shares during the quarter. Franklin Resources Inc. owned 1.01% of Invesco S&P 500 High Dividend Low Volatility ETF worth $33,977,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,355 shares of the company’s stock worth $416,000 after acquiring an additional 444 shares in the last quarter. Raymond James & Associates grew its position 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 purchasing an additional 24,912 shares in the last quarter. Family Firm Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter worth approximately $159,000. Patten Group Inc. raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.4% during the 2nd quarter. Patten Group Inc. now owns 21,275 shares of the company’s stock valued at $945,000 after purchasing an additional 495 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 3.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 203,790 shares of the company’s stock valued at $9,054,000 after purchasing an additional 6,929 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 2.4 %

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $47.81 on Thursday. The stock has a market cap of $3.19 billion, a PE ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $40.84 and a 12 month high of $51.89. The business has a fifty day simple moving average of $50.29 and a 200-day simple moving average of $48.36.

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.