Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 13.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,520 shares of the company’s stock after purchasing an additional 881 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $334,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Franklin Resources Inc. lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 8.2% during the fourth quarter. Franklin Resources Inc. now owns 633,873 shares of the company’s stock valued at $26,883,000 after buying an additional 47,773 shares in the last quarter. Haverford Trust Co acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $882,000. First Heartland Consultants Inc. lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 82.0% during the fourth quarter. First Heartland Consultants Inc. now owns 12,585 shares of the company’s stock valued at $534,000 after buying an additional 5,669 shares in the last quarter. Principal Securities Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $95,000. Finally, Bessemer Group Inc. acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at approximately $94,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.2 %

Shares of SPHD stock opened at $49.64 on Wednesday. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $37.19 and a fifty-two week high of $49.80. The firm’s 50 day moving average price is $46.73 and its two-hundred day moving average price is $44.80.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.