Sovran Advisors LLC Takes Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Sovran Advisors LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 66,150 shares of the company’s stock, valued at approximately $3,163,000. Sovran Advisors LLC owned approximately 0.10% of Invesco S&P 500 High Dividend Low Volatility ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 160,632 shares of the company’s stock worth $7,760,000 after buying an additional 6,623 shares during the period. Creative Planning grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% during the 2nd quarter. Creative Planning now owns 8,486 shares of the company’s stock worth $377,000 after acquiring an additional 3,285 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock valued at $14,534,000 after purchasing an additional 4,476 shares during the last quarter. SteelPeak Wealth LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $1,103,000. Finally, Koshinski Asset Management Inc. lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 64.6% during the 3rd quarter. Koshinski Asset Management Inc. now owns 8,042 shares of the company’s stock worth $407,000 after purchasing an additional 3,156 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.2 %

Shares of SPHD stock opened at $48.84 on Tuesday. 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 company has a market cap of $3.26 billion, a P/E ratio of 17.13 and a beta of 0.64. The firm has a fifty day moving average price of $48.77 and a 200 day moving average price of $49.29.

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.