International Assets Investment Management LLC Invests $590,000 in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,191 shares of the company’s stock, valued at approximately $590,000.

A number of other large investors have also recently added to or reduced their stakes in SPHD. JPMorgan Chase & Co. raised its stake in shares of 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 valued at $14,534,000 after purchasing an additional 4,476 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% in the third quarter. B. Riley Wealth Advisors Inc. now owns 7,254 shares of the company’s stock valued at $364,000 after buying an additional 324 shares during the last quarter. Franklin Resources Inc. raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 0.5% during the third quarter. Franklin Resources Inc. now owns 674,688 shares of the company’s stock valued at $33,977,000 after buying an additional 3,308 shares in the last quarter. World Investment Advisors LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 18.8% during the 3rd quarter. World Investment Advisors LLC now owns 5,376 shares of the company’s stock worth $272,000 after buying an additional 850 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 87,833 shares of the company’s stock valued at $4,492,000 after acquiring an additional 1,519 shares during the last quarter.

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

Shares of SPHD opened at $47.08 on Friday. The business’s fifty day moving average price is $49.56 and its 200 day moving average price is $48.75. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $40.84 and a 12-month high of $51.89. The stock has a market capitalization of $3.14 billion, a PE ratio of 17.13 and a beta of 0.64.

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.