Lynx Investment Advisory Sells 25,366 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Lynx Investment Advisory reduced its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 47.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 27,687 shares of the company’s stock after selling 25,366 shares during the quarter. Lynx Investment Advisory’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,334,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% during the first quarter. Bank of America Corp DE now owns 1,317,728 shares of the company’s stock valued at $65,372,000 after buying an additional 32,306 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $21,067,000. Private Advisor Group LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.1% in the first quarter. Private Advisor Group LLC now owns 362,812 shares of the company’s stock worth $17,999,000 after acquiring an additional 39,223 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% in the 1st quarter. Cetera Investment Advisers now owns 265,749 shares of the company’s stock valued at $13,184,000 after acquiring an additional 7,070 shares during the period. Finally, XML Financial LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 3.6% in the 2nd quarter. XML Financial LLC now owns 232,722 shares of the company’s stock valued at $11,832,000 after acquiring an additional 8,031 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.5%

Shares of SPHD stock opened at $50.83 on Thursday. The company has a market cap of $3.32 billion, a PE ratio of 15.77 and a beta of 0.61. The company’s fifty day simple moving average is $50.70 and its 200-day simple moving average is $50.73. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $46.58 and a 52 week high of $54.04.

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.