Saxon Interests Inc. Buys 14,324 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Saxon Interests Inc. grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 91.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,964 shares of the company’s stock after acquiring an additional 14,324 shares during the quarter. Saxon Interests Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,448,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Harbour Investments Inc. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% in the third quarter. Harbour Investments Inc. now owns 4,216 shares of the company’s stock valued at $213,000 after purchasing an additional 202 shares in the last quarter. MML Investors Services LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.3% in the 3rd quarter. MML Investors Services LLC now owns 71,371 shares of the company’s stock valued at $3,609,000 after buying an additional 206 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 4,815 shares of the company’s stock worth $243,000 after buying an additional 300 shares during the period. Lynx Investment Advisory lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% during the third quarter. Lynx Investment Advisory now owns 36,031 shares of the company’s stock worth $1,822,000 after acquiring an additional 316 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% during the third quarter. B. Riley Wealth Advisors Inc. now owns 7,254 shares of the company’s stock worth $364,000 after acquiring an additional 324 shares in the last quarter.

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

Shares of SPHD opened at $48.78 on Friday. The firm has a market cap of $3.26 billion, a P/E ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $40.84 and a twelve month high of $51.89. The firm’s 50 day moving average price is $49.40 and its two-hundred day moving average price is $48.85.

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.