New Wave Wealth Advisors LLC Sells 24,148 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

New Wave Wealth Advisors LLC reduced its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 94.4% during the 4th quarter, Holdings Channel reports. The firm owned 1,435 shares of the company’s stock after selling 24,148 shares during the period. New Wave Wealth Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SPHD. Moisand Fitzgerald Tamayo LLC lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after buying an additional 499 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at approximately $34,000. Castleview Partners LLC boosted its stake in 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 worth $45,000 after acquiring an additional 589 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter valued at approximately $56,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter valued at approximately $95,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.4 %

Shares of NYSEARCA SPHD opened at $48.69 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $40.84 and a twelve month high of $51.89. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The company’s fifty day moving average is $49.11 and its 200-day moving average is $49.15.

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.