Viawealth LLC Buys New Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Viawealth LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 25,629 shares of the company’s stock, valued at approximately $1,267,000.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at about $416,000. Jane Street Group LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 234.3% in the first quarter. Jane Street Group LLC now owns 32,125 shares of the company’s stock worth $1,614,000 after buying an additional 22,515 shares during the period. Envestnet Asset Management Inc. boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 22.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 371,209 shares of the company’s stock valued at $17,612,000 after acquiring an additional 66,885 shares in the last quarter. Sigma Planning Corp grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.5% during the 2nd quarter. Sigma Planning Corp now owns 15,914 shares of the company’s stock worth $757,000 after acquiring an additional 826 shares during the period. Finally, Washington Trust Bank grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.5% during the 2nd quarter. Washington Trust Bank now owns 39,746 shares of the company’s stock worth $1,890,000 after acquiring an additional 210 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.2%

SPHD opened at $52.00 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $43.39 and a 52 week high of $53.07. The stock has a market cap of $3.76 billion, a PE ratio of 15.77 and a beta of 0.72. The business has a 50 day moving average of $50.28 and a 200-day moving average of $49.13.

Invesco S&P 500 High Dividend Low Volatility ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a $0.2094 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from Invesco S&P 500 High Dividend Low Volatility ETF’s previous monthly dividend of $0.20.

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.