Invesco S&P 500 High Dividend Low Volatility ETF $SPHD Shares Newly Purchased by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 437,247 shares of the company’s stock, valued at approximately $21,067,000. Avidian Wealth Enterprises LLC owned about 0.67% of Invesco S&P 500 High Dividend Low Volatility ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPHD. Global Assets Advisory LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth $39,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $41,000. Robinswood Financial LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at about $47,000. JFS Wealth Advisors LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the second quarter valued at approximately $76,000. Finally, Compass Financial Management LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter worth approximately $148,000.

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

Shares of NYSEARCA:SPHD traded up $0.44 during mid-day trading on Thursday, hitting $48.63. The company had a trading volume of 529,027 shares, compared to its average volume of 873,207. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $46.58 and a one year high of $54.04. The firm has a fifty day moving average price of $51.40 and a 200 day moving average price of $50.78. The company has a market capitalization of $3.19 billion, a PE ratio of 15.77 and a beta of 0.61.

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.