Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Reaches New 12-Month High at $45.56

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) hit a new 52-week high on Friday . The company traded as high as $45.56 and last traded at $45.52, with a volume of 46113 shares changing hands. The stock had previously closed at $45.33.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.6 %

The company has a market capitalization of $3.04 billion, a PE ratio of 17.13 and a beta of 0.64. The stock has a fifty day moving average of $44.52 and a two-hundred day moving average of $43.37.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Low Volatility ETF

Large investors have recently modified their holdings of the company. Franklin Resources Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.2% during the 4th quarter. Franklin Resources Inc. now owns 633,873 shares of the company’s stock valued at $26,883,000 after buying an additional 47,773 shares in the last quarter. Cookson Peirce & Co. Inc. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 4.4% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 69,609 shares of the company’s stock worth $2,952,000 after purchasing an additional 2,930 shares during the period. Global Retirement Partners LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% in the 4th quarter. Global Retirement Partners LLC now owns 21,271 shares of the company’s stock worth $901,000 after purchasing an additional 1,262 shares during the period. Atria Wealth Solutions Inc. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 357,981 shares of the company’s stock worth $15,182,000 after purchasing an additional 7,876 shares during the period. Finally, Modera Wealth Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $127,000.

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.