Runnymede Capital Advisors Inc. Acquires New Stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Runnymede Capital Advisors Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 11,211 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors have also recently added to or reduced their stakes in SPHD. Pathway Financial Advisers LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at about $29,000. Armstrong Advisory Group Inc. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth approximately $34,000. Crews Bank & Trust acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth approximately $101,000. Providence First Trust Co bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at $121,000. Finally, US Bancorp DE increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% in the fourth quarter. US Bancorp DE now owns 2,696 shares of the company’s stock valued at $130,000 after buying an additional 306 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.7 %

SPHD opened at $49.66 on Friday. The firm has a market cap of $3.47 billion, a PE ratio of 18.96 and a beta of 0.85. The business has a fifty day simple moving average of $49.31 and a 200-day simple moving average of $49.65. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $42.03 and a fifty-two week high of $51.89.

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.