Armstrong Advisory Group Inc. Purchases New Stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Armstrong Advisory Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 701 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors have also recently bought and sold shares of the company. Grandview Asset Management LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth approximately $213,000. Pinnacle Wealth Management Group Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% during the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 59,166 shares of the company’s stock worth $2,858,000 after acquiring an additional 2,664 shares in the last quarter. Miracle Mile Advisors LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at $515,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at about $590,000. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock worth $14,534,000 after purchasing an additional 4,476 shares during the last quarter.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $48.51 on Friday. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The stock has a 50-day simple moving average of $49.40 and a 200-day simple moving average of $48.85. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $40.84 and a 52-week high of $51.89.

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.