Brookstone Capital Management Sells 15,879 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Brookstone Capital Management lessened its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 9.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 146,514 shares of the company’s stock after selling 15,879 shares during the quarter. Brookstone Capital Management owned about 0.22% of Invesco S&P 500 High Dividend Low Volatility ETF worth $7,078,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHD. Moisand Fitzgerald Tamayo LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after acquiring an additional 499 shares in the last quarter. Castleview Partners LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the 3rd quarter. Castleview Partners LLC now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 589 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $56,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $95,000. Finally, PDS Planning Inc bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter valued at $207,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.7 %

Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $47.43 on Tuesday. The business has a 50-day simple moving average of $49.52 and a 200 day simple moving average of $48.84. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $40.84 and a 52 week high of $51.89. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64.

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.