Sfmg LLC Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Sfmg LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,011 shares of the company’s stock, valued at approximately $721,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Morgan Stanley grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% in the fourth quarter. Morgan Stanley now owns 4,452,009 shares of the company’s stock worth $195,132,000 after purchasing an additional 274,700 shares during the period. Royal Bank of Canada grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 39.0% in the first quarter. Royal Bank of Canada now owns 1,681,367 shares of the company’s stock worth $79,378,000 after purchasing an additional 471,622 shares during the period. International Assets Investment Management LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 663.2% in the fourth quarter. International Assets Investment Management LLC now owns 1,455,437 shares of the company’s stock worth $61,725,000 after purchasing an additional 1,264,727 shares during the period. UBS Group AG grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 16.7% in the first quarter. UBS Group AG now owns 693,311 shares of the company’s stock worth $32,731,000 after purchasing an additional 99,405 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 47.3% in the first quarter. Franklin Resources Inc. now owns 678,311 shares of the company’s stock worth $28,632,000 after purchasing an additional 217,902 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.1 %

Shares of NYSEARCA SPHD traded up $0.05 during midday trading on Wednesday, hitting $42.13. The stock had a trading volume of 230,312 shares, compared to its average volume of 678,610. The business’s 50 day moving average is $42.91 and its 200-day moving average is $41.40. The company has a market cap of $2.86 billion, a P/E ratio of 16.72 and a beta of 0.70. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $37.19 and a 52 week high of $44.49.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.