Raymond James & Associates Has $18.38 Million Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Raymond James & Associates lessened its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 3.4% in the third quarter, HoldingsChannel reports. The fund owned 363,458 shares of the company’s stock after selling 12,813 shares during the quarter. Raymond James & Associates’ holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $18,380,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Good Life Advisors LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $300,000. Curran Financial Partners LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.9% during the third quarter. Curran Financial Partners LLC now owns 18,498 shares of the company’s stock valued at $935,000 after buying an additional 2,120 shares during the last quarter. SeaCrest Wealth Management LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% during the third quarter. SeaCrest Wealth Management LLC now owns 4,815 shares of the company’s stock worth $243,000 after acquiring an additional 300 shares in the last quarter. Creative Planning raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 43.7% in the 3rd quarter. Creative Planning now owns 12,192 shares of the company’s stock worth $617,000 after acquiring an additional 3,706 shares during the last quarter. Finally, CVA Family Office LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 291.6% in the 3rd quarter. CVA Family Office LLC now owns 7,617 shares of the company’s stock valued at $385,000 after acquiring an additional 5,672 shares in the last quarter.

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

Shares of SPHD opened at $50.02 on Friday. The firm has a market capitalization of $3.34 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 52 week low of $37.19 and a 52 week high of $51.07. The stock has a 50 day moving average price of $49.88 and a two-hundred day moving average price of $46.67.

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.