Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stock Holdings Lessened by Meritage Portfolio Management

Meritage Portfolio Management cut its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 6.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,165 shares of the company’s stock after selling 1,882 shares during the period. Meritage Portfolio Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,264,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Fourpath Capital Management LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth about $13,805,000. WESPAC Advisors SoCal LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth approximately $13,401,000. Private Advisor Group LLC lifted its holdings in shares of 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 purchasing an additional 58,298 shares during the last quarter. Pinnacle Wealth Management Group Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $2,857,000. Finally, SteelPeak Wealth LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 243.5% during the 4th quarter. SteelPeak Wealth LLC now owns 74,906 shares of the company’s stock worth $3,619,000 after buying an additional 53,100 shares during the last quarter.

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

Shares of NYSEARCA SPHD opened at $48.84 on Thursday. The firm has a market capitalization of $3.26 billion, a PE ratio of 17.13 and a beta of 0.64. 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. The business’s fifty day moving average price is $48.95 and its two-hundred day moving average price is $49.24.

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.