Essex Financial Services Inc. Lowers Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Essex Financial Services Inc. lowered its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 10.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,985 shares of the company’s stock after selling 1,492 shares during the period. Essex Financial Services Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $551,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHD. Albion Financial Group UT bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth approximately $33,000. Sound Income Strategies LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth approximately $42,000. Simplex Trading LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 212.2% in the 3rd quarter. Simplex Trading LLC now owns 1,305 shares of the company’s stock worth $51,000 after buying an additional 887 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 23.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,698 shares of the company’s stock worth $67,000 after buying an additional 323 shares during the last quarter. Finally, Aspire Private Capital LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $76,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.5 %

NYSEARCA SPHD opened at $43.69 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $37.19 and a twelve month high of $44.49. The firm has a market capitalization of $2.92 billion, a PE ratio of 17.13 and a beta of 0.64. The stock’s 50 day moving average is $43.28 and its 200 day moving average is $41.75.

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.