HBW Advisory Services LLC Reduces Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

HBW Advisory Services LLC cut its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,413 shares of the company’s stock after selling 1,349 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $745,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Strategies LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at about $338,000. Oppenheimer & Co. Inc. grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.0% during the second quarter. Oppenheimer & Co. Inc. now owns 79,039 shares of the company’s stock valued at $3,512,000 after acquiring an additional 800 shares in the last quarter. Wealthspire Advisors LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter valued at approximately $619,000. Lmcg Investments LLC increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 23.8% during the 2nd quarter. Lmcg Investments LLC now owns 26,895 shares of the company’s stock worth $1,195,000 after acquiring an additional 5,166 shares during the period. Finally, Cowa LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 10.9% in the 2nd quarter. Cowa LLC now owns 11,397 shares of the company’s stock worth $506,000 after purchasing an additional 1,117 shares in the last quarter.

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

Shares of NYSEARCA:SPHD opened at $47.08 on Friday. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $40.84 and a one year high of $51.89. The firm has a fifty day moving average price of $49.56 and a two-hundred day moving average price of $48.75.

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.