D.A. Davidson & CO. Cuts Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

D.A. Davidson & CO. lowered its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 54,659 shares of the company’s stock after selling 1,586 shares during the quarter. D.A. Davidson & CO. owned 0.08% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,764,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 1,925,125 shares of the company’s stock valued at $97,354,000 after purchasing an additional 40,576 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 435,514 shares of the company’s stock valued at $22,024,000 after buying an additional 2,638 shares in the last quarter. Raymond James & Associates raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7.1% during the 2nd quarter. Raymond James & Associates now owns 376,271 shares of the company’s stock worth $16,718,000 after buying an additional 24,912 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% in the 3rd quarter. Bank of Montreal Can now owns 328,211 shares of the company’s stock worth $16,539,000 after buying an additional 42,820 shares in the last quarter. Finally, WESPAC Advisors SoCal LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at about $13,401,000.

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

Shares of SPHD opened at $51.74 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $40.26 and a 12-month high of $51.89. The stock has a market cap of $3.45 billion, a P/E ratio of 17.13 and a beta of 0.64. The company has a 50-day moving average of $50.39 and a two-hundred day moving average of $47.87.

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.