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

Waverly Advisors LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 26,134 shares of the company’s stock, valued at approximately $1,160,000.

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 663.2% during the fourth quarter. International Assets Investment Management LLC now owns 1,455,437 shares of the company’s stock worth $61,725,000 after acquiring an additional 1,264,727 shares during the last quarter. Win Advisors Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $15,768,000. Allworth Financial LP lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2,011.8% during the fourth quarter. Allworth Financial LP now owns 265,426 shares of the company’s stock valued at $11,257,000 after buying an additional 252,857 shares in the last quarter. Stifel Financial Corp grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 301.1% during the fourth quarter. Stifel Financial Corp now owns 317,485 shares of the company’s stock worth $13,464,000 after buying an additional 238,334 shares during the period. Finally, UBS Group AG grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 21.8% during the fourth quarter. UBS Group AG now owns 660,843 shares of the company’s stock worth $28,026,000 after buying an additional 118,148 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.4 %

Shares of SPHD stock opened at $47.63 on Wednesday. The company has a market cap of $3.18 billion, a PE ratio of 17.13 and a beta of 0.64. The company’s fifty day simple moving average is $44.99 and its 200-day simple moving average is $43.74. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $37.19 and a 52 week high of $47.63.

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.