Triton Wealth Management PLLC Makes New $252,000 Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Triton Wealth Management PLLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 5,152 shares of the company’s stock, valued at approximately $252,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 22.0% in the 1st quarter. LPL Financial LLC now owns 2,779,602 shares of the company’s stock worth $139,619,000 after purchasing an additional 500,835 shares during the last quarter. Royal Bank of Canada raised its stake 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 in the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 61.7% in the first quarter. Ameriprise Financial Inc. now owns 1,138,820 shares of the company’s stock worth $57,204,000 after purchasing an additional 434,526 shares during the period. Raymond James Financial Inc. grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 14.2% in the 1st quarter. Raymond James Financial Inc. now owns 685,522 shares of the company’s stock valued at $34,434,000 after buying an additional 85,501 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 41.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 419,999 shares of the company’s stock worth $21,097,000 after buying an additional 123,979 shares in the last quarter.

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

Shares of NYSEARCA:SPHD opened at $48.61 on Wednesday. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $43.39 and a 12 month high of $51.89. The stock’s 50 day moving average price is $48.98 and its 200 day moving average price is $48.06.

Invesco S&P 500 High Dividend Low Volatility ETF 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.