Financial Solutions Advisory Group Inc. Buys New Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Financial Solutions Advisory Group Inc. bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,961 shares of the company’s stock, valued at approximately $1,685,000.

A number of other hedge funds have also recently bought and sold shares of SPHD. AQR Capital Management LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at about $416,000. Jane Street Group LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 234.3% in the 1st quarter. Jane Street Group LLC now owns 32,125 shares of the company’s stock worth $1,614,000 after purchasing an additional 22,515 shares in the last quarter. Baird Financial Group Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 15.8% in the 2nd quarter. Baird Financial Group Inc. now owns 46,772 shares of the company’s stock worth $2,224,000 after purchasing an additional 6,390 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter valued at approximately $1,275,000. Finally, NewEdge Advisors LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the second quarter. NewEdge Advisors LLC now owns 115,283 shares of the company’s stock valued at $5,483,000 after purchasing an additional 1,260 shares during the last quarter.

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

Shares of NYSEARCA:SPHD opened at $52.35 on Friday. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 15.77 and a beta of 0.61. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $46.58 and a 1-year high of $54.04. The company has a 50 day moving average price of $51.28 and a 200 day moving average price of $50.60.

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.