J.W. Cole Advisors Inc. Sells 2,043 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

J.W. Cole Advisors Inc. lowered its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 8.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 23,393 shares of the company’s stock after selling 2,043 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,113,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPHD. Washington Trust Bank boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 0.5% during the 2nd quarter. Washington Trust Bank now owns 39,746 shares of the company’s stock valued at $1,890,000 after acquiring an additional 210 shares during the period. McLean Asset Management Corp lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% in the second quarter. McLean Asset Management Corp now owns 19,653 shares of the company’s stock valued at $956,000 after purchasing an additional 219 shares during the last quarter. Parallel Advisors LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% in the second quarter. Parallel Advisors LLC now owns 24,187 shares of the company’s stock valued at $1,150,000 after purchasing an additional 221 shares during the last quarter. Lynx Investment Advisory boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% during the first quarter. Lynx Investment Advisory now owns 39,875 shares of the company’s stock valued at $2,003,000 after purchasing an additional 226 shares during the period. Finally, WMG Financial Advisors LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the second quarter. WMG Financial Advisors LLC now owns 9,348 shares of the company’s stock valued at $445,000 after purchasing an additional 245 shares during the period.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $48.65 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $43.39 and a 52-week high of $51.88. The company’s 50 day moving average price is $48.35 and its 200-day moving average price is $48.28. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 15.77 and a beta of 0.72.

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.