Avidian Wealth Enterprises LLC Buys 17,288 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Avidian Wealth Enterprises LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 437,540 shares of the company’s stock after acquiring an additional 17,288 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF accounts for about 0.8% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 27th biggest position. Avidian Wealth Enterprises LLC owned about 0.68% of Invesco S&P 500 High Dividend Low Volatility ETF worth $20,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of SPHD. PFG Investments LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% in the 1st quarter. PFG Investments LLC now owns 12,037 shares of the company’s stock valued at $605,000 after purchasing an additional 574 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 10.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 214,169 shares of the company’s stock valued at $10,758,000 after purchasing an additional 19,922 shares during the last quarter. Prairie Wealth Advisors Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7.3% in the 1st quarter. Prairie Wealth Advisors Inc. now owns 7,339 shares of the company’s stock valued at $369,000 after purchasing an additional 500 shares during the last quarter. Whalen Wealth Management Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter valued at $2,003,000. Finally, Brown Lisle Cummings Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.1% in the 1st quarter. Brown Lisle Cummings Inc. now owns 8,300 shares of the company’s stock valued at $417,000 after purchasing an additional 330 shares during the last quarter.

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

Shares of SPHD opened at $48.73 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $43.39 and a 52-week high of $51.89. The business’s fifty day moving average is $49.02 and its 200-day moving average is $48.04. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85.

Invesco S&P 500 High Dividend Low Volatility ETF 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.