Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. trimmed its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 35.5% during the first quarter, Holdings Channel.com reports. The firm owned 27,021 shares of the company’s stock after selling 14,849 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SPHD. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $28,987,000. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 18.4% in the 4th quarter. LPL Financial LLC now owns 2,278,767 shares of the company’s stock valued at $110,087,000 after purchasing an additional 353,642 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 238.9% in the 4th quarter. Stifel Financial Corp now owns 412,493 shares of the company’s stock valued at $19,927,000 after purchasing an additional 290,788 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 20.4% in the 4th quarter. Ameriprise Financial Inc. now owns 704,294 shares of the company’s stock valued at $34,023,000 after purchasing an additional 119,542 shares in the last quarter. Finally, Aurora Private Wealth Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter valued at $5,023,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.6%

Shares of SPHD opened at $48.64 on Friday. 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 firm’s fifty day simple moving average is $47.59 and its 200-day simple moving average is $48.20. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85.

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.