WJ Financial Advisors LLC Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

WJ Financial Advisors LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 41,044 shares of the company’s stock, valued at approximately $2,030,000. Invesco S&P 500 High Dividend Low Volatility ETF makes up approximately 2.0% of WJ Financial Advisors LLC’s investment portfolio, making the stock its 11th largest position. WJ Financial Advisors LLC owned about 0.06% of Invesco S&P 500 High Dividend Low Volatility ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bessemer Group Inc. raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% in the third quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after buying an additional 625 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth about $94,000. N.E.W. Advisory Services LLC increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 7.6% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 3,665 shares of the company’s stock worth $181,000 after acquiring an additional 259 shares in the last quarter. PDS Planning Inc acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth approximately $204,000. Finally, Armbruster Capital Management Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $205,000.

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

SPHD opened at $52.63 on Friday. The business’s 50 day moving average price is $49.18 and its 200 day moving average price is $48.76. The stock has a market capitalization of $3.81 billion, a PE ratio of 15.77 and a beta of 0.72. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $43.39 and a one year high of $52.81.

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

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.2027 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.