Brookstone Capital Management Decreases Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Brookstone Capital Management trimmed its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 7.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,762 shares of the company’s stock after selling 11,333 shares during the period. Brookstone Capital Management owned approximately 0.23% of Invesco S&P 500 High Dividend Low Volatility ETF worth $6,980,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 22.0% during the first quarter. LPL Financial LLC now owns 2,779,602 shares of the company’s stock valued at $139,619,000 after purchasing an additional 500,835 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.8% during the first quarter. Royal Bank of Canada now owns 1,151,885 shares of the company’s stock valued at $57,859,000 after purchasing an additional 20,656 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 61.7% during the first quarter. Ameriprise Financial Inc. now owns 1,138,820 shares of the company’s stock valued at $57,204,000 after purchasing an additional 434,526 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 14.2% during the first quarter. Raymond James Financial Inc. now owns 685,522 shares of the company’s stock valued at $34,434,000 after purchasing an additional 85,501 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.1% during the second quarter. Avidian Wealth Enterprises LLC now owns 437,540 shares of the company’s stock valued at $20,809,000 after purchasing an additional 17,288 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.3%

SPHD opened at $48.91 on Thursday. The firm has a 50 day moving average price of $49.03 and a 200-day moving average price of $48.06. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $43.39 and a twelve month high of $51.89. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85.

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.