Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stake Cut by David Kennon Inc

David Kennon Inc cut its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 71,131 shares of the company’s stock after selling 1,036 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for about 1.4% of David Kennon Inc’s investment portfolio, making the stock its 20th largest holding. David Kennon Inc owned about 0.11% of Invesco S&P 500 High Dividend Low Volatility ETF worth $3,597,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after buying an additional 499 shares during the last quarter. Castleview Partners LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the 3rd quarter. Castleview Partners LLC now owns 899 shares of the company’s stock valued at $45,000 after buying an additional 589 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at about $49,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at about $52,000.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock traded down $0.02 during trading on Wednesday, hitting $50.50. 164,361 shares of the stock traded hands, compared to its average volume of 666,819. The company has a fifty day moving average price of $49.74 and a two-hundred day moving average price of $46.57. The stock has a market cap of $3.37 billion, a P/E ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $37.19 and a twelve month high of $51.07.

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.