XML Financial LLC Has $11.15 Million Stake in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

XML Financial LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 12.3% in the first quarter, Holdings Channel reports. The fund owned 224,691 shares of the company’s stock after purchasing an additional 24,690 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for approximately 0.9% of XML Financial LLC’s investment portfolio, making the stock its 28th largest holding. XML Financial LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $11,147,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPHD. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at approximately $41,000. Horizon Investments LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth approximately $44,000. MAI Capital Management increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% during the 3rd quarter. MAI Capital Management now owns 1,223 shares of the company’s stock worth $60,000 after purchasing an additional 579 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at approximately $68,000. Finally, Intesa Sanpaolo Wealth Management bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at approximately $79,000.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $49.95 on Monday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $46.58 and a fifty-two week high of $53.07. The firm has a market capitalization of $3.29 billion, a P/E ratio of 15.77 and a beta of 0.61. The company’s 50 day moving average price is $49.91 and its two-hundred day moving average price is $49.80.

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.