Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stock Price Down 0.2% – What’s Next?

Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) fell 0.2% during trading on Thursday. The stock traded as low as $47.69 and last traded at $48.08. Approximately 1,286,159 shares were traded during trading, an increase of 48% from the average session volume of 868,208 shares. The stock had previously closed at $48.18.

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

The company has a market cap of $3.18 billion, a P/E ratio of 15.77 and a beta of 0.61. The firm’s fifty day moving average is $51.70 and its two-hundred day moving average is $50.80.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Low Volatility ETF

Several large investors have recently made changes to their positions in SPHD. IFP Advisors Inc boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.2% during the 2nd quarter. IFP Advisors Inc now owns 3,110 shares of the company’s stock valued at $158,000 after purchasing an additional 235 shares during the last quarter. Essex Financial Services Inc. increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.6% in the first quarter. Essex Financial Services Inc. now owns 9,850 shares of the company’s stock worth $489,000 after purchasing an additional 249 shares during the last quarter. Triton Wealth Management PLLC increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.5% in the first quarter. Triton Wealth Management PLLC now owns 4,515 shares of the company’s stock worth $223,000 after purchasing an additional 355 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 27,835 shares of the company’s stock worth $1,336,000 after buying an additional 395 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.3% in the second quarter. Dynamic Advisor Solutions LLC now owns 7,922 shares of the company’s stock worth $403,000 after buying an additional 400 shares in the last quarter.

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.