Renaissance Technologies LLC Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Renaissance Technologies LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,000 shares of the company’s stock, valued at approximately $794,000.

Several other institutional investors also recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter worth approximately $416,000. Jane Street Group LLC lifted 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 during the last quarter. Baird Financial Group Inc. boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 15.8% during the 2nd quarter. Baird Financial Group Inc. now owns 46,772 shares of the company’s stock valued at $2,224,000 after purchasing an additional 6,390 shares during the period. Qube Research & Technologies Ltd acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at approximately $1,275,000. Finally, NewEdge Advisors LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the 2nd 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 period.

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

Shares of SPHD opened at $53.28 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $46.58 and a 12 month high of $54.04. The stock has a fifty day moving average price of $51.84 and a 200 day moving average price of $50.84. The company has a market cap of $3.42 billion, a P/E ratio of 15.77 and a beta of 0.60.

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.